Linked by Jordan Spencer Cunningham on Tue 6th Oct 2009 21:43 UTC, submitted by Moulinneuf
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Member since:
2005-07-12
Add to patent law the following:
That the holder of the patent has to bring a revenue producing product (that very specifically uses the patent's idea) to market. Otherwise, the patent (and it's idea) is rendered to public commons, and is henceforth unpatentable.
Upon filing the patent, the holder has a year (or less) to bring a tangible, revenue producing, product that very specifically utilizes the patent's idea, to market. Failure to do so brings on a fine and jail time (to individual or executives of patent filing company) for the crime of (attempted) extortion.
During the year (or less) time frame, the patent is completely useless to the filer or anyone else. If the filer does produce a revenue producing product within a year, they have exactly one month to file suit on violators (they can't sit on the patent, waiting to strike). Otherwise, patent is nullified, and rendered to public commons.
These ideas will completely elliminate patent trolling.