Linked by Thom Holwerda on Sun 17th Oct 2010 21:30 UTC
Legal And we have another interesting development in the ongoing and ever-expanding idiocy that is the War of the High-Fiving Lawyers Mobile Patent World War. Motorola, now a central player in this worldwide conflict that is hurting consumers' wallets and clogging legal systems all over the world, has come to HTC's rescue by seeking to invalidate the patents Apple sued HTC with earlier this year.
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I don't think this has any impact on consumer wallets this way. Cost of production has no direct link with consumer wallet. It only affects the profit margin for the shareholders. At the end of the day, the product is sold for a price that is as high as they think they can sell it to maximize the profit margin. The selling price is not related to the cost of production. They don't calculate the cost of production, say they will make 30% profit on it and sell it for cost+30%. It does not work that way. They calculate how much they can sell it, then how much it cost and the difference is their profit.

I think it does still affect consumer wallet but not the way you say it does. I think consumer wallet is affected because of the monopoly effect. Corporations that do not license their patents but use them to stop competitors from competiting. Being the only producer allowed to produce, you can set a price much higher and increase your profit margin by that amount.

I think it does affect more than consumer wallet. It also affects consumer life style. Consumer is spoiled from better products because the patents create dead ends in technology. Whole fields of derivative technologies are not allowed to exist to the detriment of the consumer and the human race in general. Progress is castrated by the patents.

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