Economist: Methods and madness
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Started by: zoobabzoobab
Date: 12 May 2008 10:16
Number of posts: 1
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Only those inventions “worth to the public the embarrassment of an exclusive patent” should receive patent protection, declared Thomas Jefferson, himself an inventor and America's first commissioner of patents. Since his day some patents have proved to be more of an embarrassment than others. Most notorious are “business methods” patents, such as the patent held by Priceline, an online ticket agency, for the Dutch-auction method of selling tickets. Thousands of these patents have been issued since they were first recognised in 1998.
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