Linked by Thom Holwerda on Wed 20th Nov 2013 18:07 UTC
Legal

On Wednesday, the House Judiciary Committee is scheduled to consider legislation aimed at reining in abusive patent litigation. But one of the bill's most important provisions, designed to make it easier to nix low-quality software patents, will be left on the cutting room floor. That provision was the victim of an aggressive lobbying campaign by patent-rich software companies such as IBM and Microsoft.

These companies also happen to have the largest lobbying corruption budgets. This is never going to change.

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Soulbender
Member since:
2005-08-18

Caterpillar? WTF?

Also, who the heck are 95% of these companies?

Edited 2013-11-20 21:20 UTC

Reply Parent Score: 3

shmerl Member since:
2010-06-08

Looks like some number of medical device manufacturers there.

Reply Parent Score: 3

tylerdurden Member since:
2009-03-17

There is a new breed of biotech companies which are taking things to really really creepy venues. Forget Software Patents, there are groups moving proactively to allow for the patenting genes and other naturally occurring stuffs.

They had some recent setbacks to their positions lately, but they are amassing some serious $$$ for legal battles in that regard. Patenting nature is a greedy asshole's wet dream.

Reply Parent Score: 3

gan17 Member since:
2008-06-03

Caterpillar? WTF?

Never heard that "These boots were made for patenting" song before?

Also, who the heck are 95% of these companies?

That's where it gets tricky. Some of these companies/industries depend on patents just for survival, mainly those in research. In other circles (say the medical or construction equivalent of OSnews), patents may well be revered.

Quite the mess we have here.

Reply Parent Score: 3

shotsman Member since:
2005-07-22

Didn't you know that Caterpillar has an arch rival in JCB? Patents are essential for keeping upstarts (despite their superior products) in check.

You can replace those two companies with pretty well any two major players in any industry.

Reply Parent Score: 4