Linked by Thom Holwerda on Wed 7th Nov 2012 21:36 UTC
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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




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.