Vonage Signs Deal to Escape Patent Infringement
Tone Def writes "In the wake of a court injunction barring Vonage from infringing on three Verizon patents, the VoIP provider has signed an agreement with VoIP, Inc. to carry all Vonage calls over its network. Two of the Verizon patents Vonage was found to have infringed covered connecting VoIP calls to switched networks, so the agreement means Vonage is no longer infringing those patents. 'By signing the agreement with VoIP, Inc., Vonage has provided itself with a measure of protection against the injunction. VoIP, Inc. owns its own network, describing VOICEONE as the "first, seamless nationwide IP network." Perhaps most crucially from Vonage's standpoint, VoIP, Inc. claims to own the intellectual property around its network and services.'"
From the vague description of the patents, it seems that these so-called patents are alit bit abusive, I wonder if the patent system should not be changed so in the case of an invalid patent, you would have to pay a fee for trying to abuse the system.
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There is no barrier to make a patent, for a company it is ridiculously easy and cheap, an australian lawyer even patented the wheel to prove the flaws in the system.
I work in trading and saw that Goldman patented an automatic trading system, but the description is so vague that anything that would be a database + a statistical engine + an order system could fall under this patent, it is quite ridiculous since there is no other way to make an automatic trading system, and since the patent is only from the late 90s I know that people wrote such systems before they patented it
IMHO an invalid patent should be punishable by a fine.
Don't you know it is now both immoral and criminal to think beyond the next quarterly report?