When someone violates patents that you hold, you have a strong incentive to protect that patent. You may want to take legal action to stop them from making products or to recover money that you have lost. Their actions can harm your brand and reputation, they can cause you to lose sales and much more
But what happens if you decide that you don’t actually want to do anything? Maybe you learn about the infringement but you decide it isn’t worth your time. Perhaps you don’t know where to start and it all feels too confusing. If you don’t even attempt to protect your patents, is that a problem?
You always want to protect intellectual property
Ignoring these types of infringement is a serious issue, and not just because those losses in revenue are ongoing. You also run the risk of losing your rights to your intellectual property. When you fail to protect it or do anything when someone else infringes upon it, you put your very rights to that intellectual property at risk.
In other words, this is supposed to be an active process. Any time that you see someone infringing on your rights, you need to take action to put an end to it. Don’t simply hope that they stop or ignore it and assume that it won’t impact your business. If you end up losing your rights to that patent or some other type of intellectual property, like a trademark, it may be impossible to get them back and it can change the future of your business forever.
Exploring your options
This is just one reason why it’s so important to explore all of your legal options when someone else has been using your intellectual property in a way that is not permitted.