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[ATCH]Newegg nukes “corporate troll” Alcatel

post #1 of 36
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Quote:
Instead of convincing the East Texas jury to hand Alcatel the tens of millions they were asking for—$12 million from Newegg alone—they got a verdict of non-infringement. And as for the one patent they had argued throughout trial was so key to modern e-commerce, US Patent No. 5,649,131—the jury invalidated its claims.
Quote:
They systematically sent thousands of letters out saying, "Hey, we own 27,000 patents, and here are some patents we think you infringe." They had a whole licensing group whose job was to monetize these patents, by threatening litigation and in some cases litigating. It didn't actually matter if you did your own analysis and got back to them and said, "Hey guys, we actually think we don't infringe." The response was something to the effect of, well, we have 27,000 patents—and you probably infringe something, so give us a licensing fee.


Interesting read
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post #2 of 36

Can't tell if the people's fault for twisting the system....or if its the system's fault for allowing this crap to happen ><

 

 

good for newegg :)

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post #3 of 36
Quote:
"Shareholders of public companies that engage in patent trolling should ask themselves if they're really well-served by their management teams," Cheng added. "Are they properly monetizing their R&D? Surely there are better ways to make money than to just rely on litigating patents. If I was a shareholder, I would take a hard look as to whether their management was competent."

I like that added at the end tongue.gif. I already like newegg, but I think it's a great policy they have to stand up against these trolls. I really wish Amazon and some of the others had the guts to do the same.

Maybe they will after the success newegg has had.
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post #4 of 36
That is awesome. Go Newegg and go Newegg's attorney's.

On a separate note: When did corporations and lawyers start using the widely known internet terms such as "patent trolls" and "don't feed the trolls" kind of lingo? thinking.gif
 
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post #5 of 36
Quote:
Originally Posted by Crazy9000 View Post

I like that added at the end tongue.gif. I already like newegg, but I think it's a great policy they have to stand up against these trolls. I really wish Amazon and some of the others had the guts to do the same.

Maybe they will after the success newegg has had.

Unfortunately in today's society of money, most investors don't care how legally or morally a company is operating as long as it is making a hefty profit frown.gif
post #6 of 36
We've reached a point where as far as I'm concerned, the entire world could collapse and I wouldn't care the slightest bit.
   
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post #7 of 36
Just another example of the totally broken patent system. Kudos to newegg for not just paying up. Patent trolls need to die and so does the system that allows said trolling to happen.
    
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post #8 of 36
Now this burns my grits.
Quote:
And as for the one patent they had argued throughout trial was so key to modern e-commerce, US Patent No. 5,649,131—the jury invalidated its claims.

How the hell is this different from some of Apple's ridiculous patents? There are hundreds of patents that are so ridiculously vague they should have never even been granted. In those cases the competition has to pay. In the case of Alcatel, the court invalidates the claim.

This is what has always made me angry with the justice system - the big boys play by a difference set of rules. I'm strongly against patent trolling but the rules should be the same for everyone.
    
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post #9 of 36
Quote:
Originally Posted by mrawesome421 View Post

That is awesome. Go Newegg and go Newegg's attorney's.

On a separate note: When did corporations and lawyers start using the widely known internet terms such as "patent trolls" and "don't feed the trolls" kind of lingo? thinking.gif

It only takes a few people who browse forums, and also happen to be in a company, to spread a term tongue.gif

As for when, it must have been the whole Apple/Samsung thing. That's when the term "patent trolling" was born (I think). Since the story was so popular the term spread with it too I guess.

But the weird thing is the word 'troll' is being used way out of context nowadays. People think that cyber-bullying is trolling when in actuality a troll isn't concerned with getting people depressed/committing suicide, but just angering a few people on a forum.
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post #10 of 36
Go NewEgg they just helped anyone that wants to fight these slimeballs sad thing smaller companys will pay up probly not knowing they would win in court now. I hope everyone that has settled sues Alcatel now and they might i can see Alcatel taking a huge hit in the wallet once the big companys are done with them. One thing iv noticed that is starting to look like more judges are starting to pay closer attention to these type of scam cases as i call them mass sue people and see who will pay innocent or guilty and asking for the real proof.
Edited by Bal3Wolf - 5/16/13 at 5:05pm
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