Our Broken Patent System: Company That Does Nothing May Get Hunderds Of Millions Of Dollars From Google
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The patent system is completely broken. Towards the end of 2012, we wrote about how a patent troll named Vringo, using some patents (6,314,420 and 6,775,664), had won a lawsuit against Google. Vringo was a failed ringtone company that had bought those highly questionable patents from the failed search engine Lycos and then sued basically everyone who ran a search engine. Microsoft agreed to settle (with a bizarre stipulation promising to pay 5% of whatever Google finally had to pay), while Google agreed to indemnify a bunch of the others that were all using Google's search under their own.
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