Patent

A Decade Of US Patent Reform Must Be Undone

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.

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