What are the consequences of patent infringement?
Patent infringement can result in very costly and time consuming disputes. Even before a patent infringement lawsuit is brought, lawyers must be hired to render opinions as so the validity of the patent or whether the product actually does infringe on the patent. The production or sale of the product may be slowed or suspended. Patent infringement lawsuits are incredibly expensive. It is often times a business decision whether to license, continue to make the product or simply to make a different product. If patent infringement lawsuit is lost the result can be a permanent injunction prohibiting the infringer from committing further acts of patent infringement. A successful patent owner can also obtain monetary damages to compensate for the harm caused by patent infringement.
