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Created page with "Back to The Truth About Patent Trolls There is no widely agreed upon definition of 'Patent Troll', because it is often used interchangeably with the terms Patent Assert..."
Back to [[The Truth Behind About Patent Trolls]]
There is no widely agreed upon definition of 'Patent Troll', because it is often used interchangeably with the terms [[Patent Assertion Entities]] and [[Non-Practicing Entities]], whereas we make a distinction between these three terms. For our study, we define Patent Trolls as a 'person or entity that attempts to enforce patent rights against accused infringers far beyond the patent's actual value'[https://en.wikipedia.org/wiki/Patent_troll]. Their asked damages are far beyond the market value of the patent. This is a tactic used to scare small businesses in the initial demand letter, when pressing them to pay the fee to license the patent.

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