Businesses Beware of Patent Trolls – Know What to Do if One Contacts You

Photo: DM7 Gigacom.comThe letters are surprising and threatening. They inform you your business has infringed on a patent and demand payment of royalties for the infringement. Infirngement fees demanded are $25,000 and higher, and often the fees double if they’re not paid in a short time frame, often 30 days. If you don’t pay, the letter promises a lawsuit. 

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