Google might buy your patents to counter trolls
Google might buy your patents to keep them out of the hands of litigious patent trolls that critics contend are hampering innovation.
For a two-week period next month, Google will accept submissions from patent owners and possibly bid on the patents as part of its Patent Purchase Promotion, wrote Allen Lo, the company’s deputy general counsel for patents.
The idea is to keep some patents out of the hands of so-called patent trolls, or companies that use patent licensing and lawsuits as their primary source of revenue.
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