Cato-at-Liberty: Patent Trolls Are a Symptom of Deeper Problems
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Started by: zoobabzoobab
Date: 20 Jan 2009 00:13
Number of posts: 1
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Summary:
Patent trolls make good poster children for the patent system’s dysfunctions, but focusing too much on them ignores the fact that abusing the patent system is a game played by large companies as well. For example, Verizon managed to extort tens of millions of dollars from Vonage to settle a lawsuit over an absurdly broad Internet telephony patent. Verizon, of course, isn’t a “patent troll,” but a competitor interested in hobbling an up-and-coming competitor. Any patent reform needs to address the Verizons of the world too, not just the NTPs.
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