Google, Dropbox, and Others Forge Patent "Arms Control Pact"
jfruh writes Patent trolling is a serious irritant and financial drain on many big tech companies — but those same companies can't guarantee that their own future management won't sell the patents they own to a 'non-practicing entity', especially in the case of sale or bankruptcy. That's why a number of tech giants, including Google and Dropbox, have formed the 'License or Transfer Network,' in which a patent will automatically be licensed to everyone else in the network in the event that it's sold to a third party.
A "patent defense pool" of tech giants will benefit, well, the tech giants, namely the incumbents.
The idea of patents was to foster innovation. Anything that tilts the tables against newcomers and favors the established players is working against that. It's not the established players that are dependent on the law in order to benefit from their inventions: they have all the means to exploit them themselves and benefit via first-to-market and the marketing power of their reputation.
This is a clear cut instance of collusion.
They should be forced to continue to defend their patents or to release the patents to everyone on the same terms.
Patent groups, from this shit to MPEG to BluRay to whatever, destroy innovation more than any individual patents do.
This protects against patent trolls, not newcomers