LOT Network provides startups with protection against patent trolls

George Palikaras says trolls show up when startups are raising money

By Julius Melnitzer | May 8, 2023

Pre-IPO companies and startups in earlier financing cycles need their due diligence to go smoothly.

No surprise, then, that a recent study has found that while patent litigation initiated by operating companies has declined in recent years, suits initiated by non-practising entities – known as patent trolls – have increased consistently since 2016, holding steady in 2022 as compared to 2021.

The study by High-Tech Solutions, a consultancy, and commissioned by the LOT Network, a non-profit international organization committed to protecting members against patent troll litigation, analyses the behaviour of these companies that acquire patents to assert them against other companies and who do not produce goods or services or conduct research and development. MORE . . .

Julius Melnitzer is a Toronto-based legal affairs writer, ghostwriter, writing coach and media trainer. Readers can reach him at [email protected] or https://legalwriter.net/contact.


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