Nortel Patents Go To Apple, Microsoft, Sony and Others
tcr writes "A consortium that includes Apple, Microsoft, RIM and Sony has been successful in its bid for the Nortel patent portfolio. The winning bid was $4.5 billion. TechCrunch predicts this could result in a slew of lawsuits directed at Android, but also suggests that the deal will likely receive scrutiny from the U.S. courts."
I just want to express my opinion that patents should not be transferable. It is bad enough that corporations wield patents to hinder progress, maintain monopolies, and destroy smaller competitors. Patents are meant to protect the people who innovate. You should not be able to buy and sell this protection. If you didn't invent it, you shouldn't be able to enforce a patent on it even if you paid $4.5 billion for that "right." Also, If someone patents something, they have to do something with it themselves or they forfeit their patent. You can't just sit on an idea and wait for someone else to infringe on it so you can sue them. That's just wrong.
Off topic, but I just had to say it.