Corbis Sues Amazon for Copyright Infringement
Gedvondur writes "The story ran in the WSJ today, that the Gates-owned image company, Corbis, is suing Amazon.com for copyright violations (PDF link). Apparently the suit was without warning to Amazon. Amazon will use the DMCA to defend itself. Link goes to copy of the WSJ article on Corbis's site."
Back in the days before lawyers decided that the Constitution guaranteed them a percentage of everything, a part share in a couple of hotels and a condo, and a different colored SUV for every day of the week, good lawyers could write a letter that would start the process of negotiation without egos getting inflamed and everything ending up in court. It's better for business that way. But now CEOs are terrified of not being seen to do everything possible to extract every last cent and inflate the share price, and I suspect law firms milk this. Eventually the tide of opinion will turn, perhaps when those same CEOs decide to blame the tide of lawsuits for current underperformance and start to lobby government to fix the problem. Cynical? Yes. Realistic? Maybe
Panurge has posted for the last time. Thanks for the positive moderations.