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FOSS Patents
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FOSS Patents: China extends hand to EU over standard-essential patent enforcement, prefers dialog over escalation: judges from three jurisdictions spoke at today s Renmin University conference
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FOSS Patents: Apple could PROFITABLY leave the UK market, would still sell millions of iPhones to UK resellers and make British patent judges look very bad (to say the least)
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FOSS Patents: O2
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Apple Threatens To Leave The UK Over Patent Troll Lawsuit By Tyler Lee, on 07/12/2021 20:01 PDT
From time to time, we see companies file lawsuits against other companies over very broad and vague patents, claiming that they were infringed upon. Usually these companies, known as patent trolls, hope that the troublesome nature of the lawsuit and the vagueness of their patents will force the other company to quickly settle.
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Sometimes these lawsuits do make it to court, like in the case of Apple in the UK who was sued by Optis Cellular Technology and lost, in which they are now facing $7 billion in damages owed. Now obviously Apple can pay that amount, but it is still a huge amount and we imagine that this is something the company probably wants to avoid paying if possible, even if it means threatening to exit the UK market.