[4] Notable members of LOT include Google, Red Hat, Uber, Ford, Dropbox, Mazda, General Motors, Honda, CBS, Netflix, JPMorgan Chase, SAP, Microsoft, Tesla, Alibaba, the Wikimedia Foundation, and IBM.

The annual fee depends on company revenues, but ranges from $1,500 to $20,000 per year (about the price of a single patent application).

We are confident that an ounce of protection is worth millions in potential patent litigation brought on by PAEs.”[16] Likewise, European bank Barclays announced their LOT membership with CTO and Managing Director Lee Braine saying: “...we are pleased to contribute to and extend the growing global community working together to reduce the PAE threat .

[18] In 2023, TechCrunch featured a two-part series on the anatomy of patent litigation, highlighting the aftermath of OpenText’s $6 billion acquisition of Micro Focus, wherein OpenText picked up thousands of granted and pending patents through the acquisition and Micro Focus is now giving up its membership in LOT Network.

[20] Intellectual Ventures, a well known PAE, alleges that by buying patents they create a market for invention, thereby helping to revitalize inefficient companies and make innovation profitable.

[21] Others, including Ira Blumberg – a former Rambus (a well-known PAE) employee – have countered that any value created by patent trolls is outweighed by settlement costs.