NetworkWorld: Cisco, IBM join start-up to protect against patent trolls
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Started by: zoobabzoobab
Date: 25 Nov 2008 17:13
Number of posts: 1
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Summary:
Cisco is very vocal in its fight for patent reform of what it describes as the "abuses" of the current patent system. According to a statement about patent reform on its Web site, Cisco states: "The patent litigation system today is unbalanced and patent speculators are exploiting the system's unfairness to coerce high settlements from productive companies. The patent litigation rules function less and less as a neutral system for resolving disputes, and instead encourage winner-take-all, jackpot-like strategies. These lawsuits rob our economy of billions of dollars that would otherwise be invested in jobs, innovation, consumer savings and shareholder value."
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