What is an NPE?

Non-Practicing Entity (NPE), also referred to as patent trolls, have grown at alarming rates within many industries, including the QR Code Industry. An NPE refers to a company or individual that owns patents but does not intend to build, manufacture or market a product to use the patents. They instead aggressively assert or litigate against operating companies for financial gain.

NPEs make profits by threatening companies and extracting licensing fees and settlement payments.