Google Launches a Marketplace To Buy Patents From Interested Sellers
An anonymous reader writes: Google has announced an experimental marketplace called the Patent Purchase Promotion, which aims to keep patents out of the hands of patent trolls. From the announcement: "By simplifying the process and having a concentrated submission window, we can focus our efforts into quickly evaluating patent assets and getting responses back to potential sellers quickly. Hopefully this will translate into better experiences for sellers, and remove the complications of working with entities such as patent trolls."
This IS NOT a patent clearing house. Not by a long shot.
This is Google setting up a market place where people can offer to sell Google, and ONLY Google, the opportunity to buy patents. Nobody else will be able to purchase patents with this.
This is the Google looking to expand its own patent portfolio.
This has NOTHING to do with a bunch of mini patent trolls -- just one fucking big one.
Lost at C:>. Found at C.