Linked by Thom Holwerda on Wed 7th Nov 2012 21:36 UTC
Microsoft Bart Eppenauer, Microsoft's chief patent guy, in an interview with The Verge: "We believe our patent laws have served the country very well." Loosely translated, this reads: "This system that gives me my six-figure income and is a fine anti-competitive tool for my company have served me and my company well, the damage to the industry be damned."
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RE: haha LOL
by ikidunot on Thu 8th Nov 2012 04:31 UTC in reply to "haha LOL"
ikidunot
Member since:
2011-06-04

Of course it has helped! The billions US companies get in uneaned income from licensing BS is about all that is keeping the country afloat.

The so called "Free Trade Agreements" the US has forced on a lot of countries around the world is all about blocking commerce unless some US company gets a cut.

Patents and such are not going away any time ever. The US economy would sink like the Titanic and for the same reasons.

Reply Parent Score: 3

RE[2]: haha LOL
by shmerl on Thu 8th Nov 2012 05:22 in reply to "RE: haha LOL"
shmerl Member since:
2010-06-08

Economy only benefits from more open market and more competition. Monopolists don't benefit as much as they want to though. Equating monopolistic benefits with the whole economy is completely false.

If anything, US economy and technological advancement will only benefit from serious patent law overhaul (in the right direction).

See https://defendinnovation.org

Edited 2012-11-08 05:31 UTC

Reply Parent Score: 2