Tweet of the week
Thanks to @ipgossip for tweeting this week about Apple being the number one target for NPEs in the US. Joff Wild of IAM Magazine commented that,
“Apple must have spent well over $200 million on dealing with NPEs over the last few years and I imagine a few others can match that as well. No wonder so many companies hate NPEs and call them trolls.”
According to a statement(.PDF) given by Teresa Stanek Rea, then President of the American Intellectual Property Law Association, to The Subcommittee on Courts and Competition Policy Committee on the Judiciary for the United States House Of Representatives
AIPLA conducts a nationwide survey of our members every two years on the cost of patent litigation. In 2007, we reported that the median cost of a patent infringement suit was $1,600,000, if $1 million to $25 million was at risk. The cost rises significantly as the stakes increase. The median average cost of a patent infringement case involving more than $25 million dollars was about $5,500,000.
