At the risk of stating the obvious, I’ll say this right up front: The patent system in both Europe and the United States is the biggest threat to innovation in the world today.
Rather than competing with each other on price and features, the biggest tech companies want to fight it out in court where some Luddite judge—rather than the market—can decide who wins and loses. By claiming that another company has violated some vague patent, one vendor can use the legal system to either block rival products from the market or demand hefty kickbacks (a.k.a. licensing fees) from their makers.
To read the full, original article click on this link: The Patent System Has To Go
Author:Avram Piltch
