Politicians Ponder Over Patent Trolls
Poster: Aron Schatz
Posted on June 16, 2006 at 2:27:10 PM
Some of these politicians that we have elected are bowing to pressure from Amazon (no less) about patent trolls. It would be a good idea to fix the patent system, but leaving the copyright situation like it currently is is worse! The patent system can be fixed in the short term very quickly. Eliminate "method" patents. This includes software/business patents.
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They argue that by effectively reducing the potential gains, people and companies may not have such a great incentive to obtain their livelihood by sitting on patents until they can find a company to sue for infringement. Misener also called on politicians to outlaw the practice of awarding compensation for estimated lost profits to patent holders who don't offer a product that competes directly with the company they're accusing of infringement. Those who "do not compete in (the) marketplace are not entitled to lost profits but instead to a reasonable royalty," he said.