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White House Declares War On "Patent Trolls"

Encouraging more innovation among tech companies, the Obama administration this week said it planned to crack down on so-called “patent trolls,” or patent-holding companies that seemingly produce nothing but lawsuits. “The trolls -- or patent assertion entities, to use the White House’s less catchy and more presidential term -- threatened 100,000 companies with lawsuits last year alone,” Bloomberg Business reports, citing a report issued along with the White House’s proposals.

 


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