Patent lawsuits seem to be getting more common -- continually there are daily headlines of this company suing that company over intellectual property rights.
A new study released today confirms that lawsuits are increasing and says the overall cost of these cases in the U.S. was $29 billion in 2011.
The study, which was put out by Boston University, specifically looks at "non-practicing entities" (NPE), or "patent trolls." How these trolls operate is by buying and licensing patents without making the products of their own. Many major tech companies, like Apple, Google, and Samsung, have been criticized for allegedly trolling.
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- Amazon's Kindle Fire tablet hit by patent lawsuit
Besides the $29 billion price tag, the study's au... [Read more]