IP litigation

A sampling of today’s business news:

Patent Trolls Lurk in Supreme Court Case
Trial Over TiVo Patent Begins in Texas
The Beatles and Apple face off in court

And what was that I heard recently about IP litigation not being out of control?
I have been told that 3,000 patent lawsuits filed each year and 75,000 letters are sent each year asserting patent infringement.
Seems like a lot of litigation going on. That certainly boosts our annual spending on intangibles (maybe we could count it all as the “dark matter” in our trade statistics — at least that part that involves foreign companies). I’m not sure it adds much to our innovative capability or our standard of living, however.

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