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FTC Chairwoman Speaks On Growing US Patent Problem
ectoman writes "In a recent policy speech, Federal Trade Commission Chairwoman Edith Ramirez indicated that the FTC might be preparing to seriously address patent abuse in the United States. Mark Bohannon, Vice President of Corporate Affairs and Global Public Policy at Red Hat, has reviewed Ramirez's remarks, calling them 'some of the most direct and specific to date from a senior U.S. Government official regarding "harmful PAE [patent assertion entities] activities."' Bohannon writes that the FTC's proposed roadmap for patent reform 'is both ambitious and doable,' and he discusses how the agency could make its potential contributions to reforms most effective. The piece arrives one week after Bohannon analyzed other patent reform efforts currently ongoing in Washington—in a piece Slashdot readers have been discussing."
Patents are more and more being used as weapons to stop any and all progress of any derivative idea that results from the base idea being patented. The system has been corrupted to stop many inventions that could save lives, and overall better happiness of mankind for the sake of the patent holders keeping their money-making works owned by their masters... FOREVER.
How can the patent process be used to give influence to create new ideas, works. There is none! no new antibiotics, no cures for illnesses, no new chemicals no nothing as long as the patent process is corrupted the way it is!
Case .. Mickey mouse... Q. E D
Getting rid of software patents would go a long way towards correcting the problem. That's where the biggest abuse is.
From TFA:
IV. PAE Harm is a Symptom of a Larger Problem
But Commission activity should be just one piece of a broader response. Flaws in the patent system are likely fueling much of the real costs associated with PAE activities. PAEs are good at monetizing patents. But effective monetization of low quality patents imposes a de facto tax on productive economic activity with little or no offsetting benefit for consumers
Compaines are filing patents and then forming subsidiaries in tax haven countires. The companies licence the patent to the subsidiary and book all the profits in that low tax country. The companies then just show operating losses in the US.
From TFA:
IV. PAE Harm is a Symptom of a Larger Problem
But Commission activity should be just one piece of a broader response. Flaws in the patent system are likely fueling much of the real costs associated with PAE activities. PAEs are good at monetizing patents. But effective monetization of low quality patents imposes a de facto tax on productive economic activity with little or no offsetting benefit for consumers
Expecting that parliament of whores, the US House, to pass anything meaningful while they wring their hands over how it might reduce their campaign warchests by $1 million, or less, is like believing the Tooth Faerie exists.
A feeling of having made the same mistake before: Deja Foobar
So you dont understand patents, software or more likely, both.
Patents are meant to encourage innovation by providing a limited monopoly. The key words in there are "encourage" and "limited". Patents are not meant to provide a means of extorting other businesses nor are they meant to last for ever. The price of the limited monopoly is that the patent passes into the public domain after a set number of years. Patents are also required to be unique, code is too easily replicated by someone with no knowledge of the patented code to meet this requirement.
LoL, you also dont know your history.
Patent systems are radically different to the systems you claim "worked" and we haven't had the same system for 100's of years. The current iteration started around 50 years ago with most of the abusive changes added in the last 20.
Calling someone a "hater" only means you can not rationally rebut their argument.
Haha, I outsmart your IP. Sucks to am you!
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