Software Patents Affecting Futures Exchanges
KontinMonet writes "The Financial Times reports European exchanges, brokers and traders are preparing for possible legal battles with Trading Technologies, a US software company. The situation is being made harder for potential defendants because the cases so far have all been sealed. No doubt, all those IP lawyers think this is a good thing..."
"Dont confuse property and intellectual property. Property usually has value and utility to a person with or without the legal framework of property rights." Excluding intangiables like Love, Reputation etc, very little has value outside of a supportive legal structure. Value of a car whan anyone can take it, value of land in Darfur, Sudan?, value of Life in Iraq? Get real, we're supposed to be a sophisticated civilization. We need structures to support our rights, not a free-for-all. Who will benifit from no software patents, the small guy? Are you NUTS??