Massachusetts businesses may be interested in an article that looks at potential issues with worldwide intellectual property protection for the pharmaceutical industry. A new trade agreement could have implications not just for drug companies, but for many businesses that interact with the global economy.
Massachusetts readers may be interested to know about a man who claims to have created a plastic C-fastener that allows pre-teen girls to join bracelets they weave out of rubber bands has filed lawsuits against another manufacturer and Toys "R" Us Inc. claiming an intellectual property dispute. The man claims his company, Rainbow Loom, has sold 1.2 million kits and that he created the market for crafting the bracelets with rubber bands.
Massachusetts residents and business owners may be interested in learning about patent assertion companies and how they relate to business litigation in Worcester and other areas of the state. Patent assertion companies, known in the vernacular as "patent trolls," buy patents from small inventors and then use them to sue businesses they feel are infringing upon those patents.