How ironic is it that the infringer lobby – the very people trying to weaken the patent system and who ignore the patent rights of others through a free riding scheme of efficient infringement – are the ones who are seeing their monopoly power consolidated. By ignoring the property of true innovators the infringer lobby has grown in size, power, strength and influence. Profits are soaring in Silicon Valley, yet they claim patent trolls are killing high tech. That claim is simply not credible. Stop and think about that for even half a second in an objective way and the claims don’t stand up to any level of scrutiny. In 2017, Apple had nearly $50 billion in net income, Microsoft has over $20 billion in net income, Facebook over $15 billion, Goggle approximately $13 billion. If patent trolls are killing, or even attempting to kill the tech elite of Silicon Valley we all ought to be able to agree they are doing a very poor job.
The post A Decade Of US Patent Reform Must Be Undone appeared first on IPWatchdog.com | Patents & Patent Law.
Recent Posts
- SAG-AFTRA Says Fortnite’s Use of AI Instead of Actors Is Unfair
- Stewart Clarifies Application of Advanced Bionics, Orders New Briefing in Light of Rescinded Fintiv Memo
- Stewart Issues First Decisions on Discretionary Denial Under Interim Workload Management Process
- Senate IP Subcommittee Talks Legislative Fixes for China’s Threats to American Innovation Leadership
- Another Director Review Request Demonstrates Extent of PTAB Hubris