This is why patents are often worth more when a company is dead and has nothing to lose from patent counter suits, than when it is alive and does.
Multibillion dollar revenue producers go off patent protection with nothing new waiting in the wings.
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This has been reported credulously, but the patent in question has nothing to do with what Google admitted to doing.
Nothing about this is illegal under patent or any other law, even though no one ever thought of this business model when protecting inventions was asserted into the Constitution.
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Personally, I would expand the scope of patent coverage but, if nothing else, our bias should be opposed to substantial changes.
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The Constitution reflects a hostility to this idea because it tends to restrain trade, Stevens writes, and nothing Congress has done since to define patent law can be seen as encouraging government-sanctioned monopolies on processes alone.
The company was nothing more than a business plan, a couple of patent applications and two founders who'd met a month before.
Sony did file a patent for used-games blocking technology, but apparently that had nothing to do with the Playstation 4.
Eli Lilly has had nothing but bad news as it tries to prepare for a massive round of patent expirations over the next few years.
Nothing has even made it out of committee yet, so the actual passage of a patent reform bill still seems quite far off, but there is definite talk going on in Washington as to what patent reform would look like, and there seems to be enough common ground for some good to come of it.
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