About patent trolls
Posted by WWJGD 9 years, 4 months ago to Legislation
I left this community nearly three years ago when khalling started defending patent trolls. I've come back only to post when something pertinent to that topic comes up on the intar-webs.
This is one of those occasions.
Patent trolls are are no John Galt or Hank Reardon: they have innovated NOTHING. They have produced NOTHING. They are Peter Keating: a man whose career consisted of stealing other people's ideas, and taking credit for them in the public eye.
This is the best article to come along in a long time regarding these filthy, slimy creatures. I hope you will read it.
This is one of those occasions.
Patent trolls are are no John Galt or Hank Reardon: they have innovated NOTHING. They have produced NOTHING. They are Peter Keating: a man whose career consisted of stealing other people's ideas, and taking credit for them in the public eye.
This is the best article to come along in a long time regarding these filthy, slimy creatures. I hope you will read it.
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Instead the patents are held by patent trolls who sue companies claiming that their independently created products infringe on the vague language of the patent. Faced with fighting a multi-million dollar battle and being at risk they pay the troll and go on with the product that they designed.
They do this even if they believe the patent is flawed because they cannot afford the risk.
Are there abuses? There are abuses of everything in this world. Maybe it's not the patent aggregators that are the problem--maybe it's a judicial system that needs some thought.
Another system to manipulate, another government sanctioned monopoly.
I'm not saying that intellectual property shouldn't be protected, but perhaps our current system goes overboard and protects for an excessive time frame.
I'm by no means an expert on this topic, but what would be the drawback of limiting protection to 5 year terms?
This may also help combat the issue WWJGD brings up.