Once upon a time the word “troll” brought to mind children’s tales about mischievous conniving tricksters living under bridges and exacting payment from travelers passing overhead.
In the intellectual property world, however, the word is now used to refer to entities whose business is to use patents to extract payments from “real” companies trying to conduct their legitimate business. In the eyes of those real companies, trolls or “non-practicing entities” (as they are sometimes more politely called) are despicable parasites.
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