Understanding Patent Infringement and Notable Cases from 2024
What is patent infringement? Patent infringement occurs when an individual or entity engages in the unauthorized use, production, sale, or distribution of a product or process that is protected by a patent. Patents grant inventors exclusive rights to their innovations for a specified period, and infringement undermines these rights, often leading to legal disputes to enforce or defend them. In 2024, several significant patent infringement cases emerged across various industries, underscoring the critical role of intellectual property rights in fostering innovation and competition. Below is an overview of some famous patent infringement cases: Famous Patent Infringement Cases : 1. General Access Solutions vs. Verizon Wireless In June 2024, General Access Solutions secured an $847 million verdict against Verizon Wireless. The dispute centered on patents related to 5G telecommunications technology, highlighting the intense competition and high stakes in the rapidly evolving telecom sector...