 |
Against Monopolydefending the right to innovateBlocking Technology |
Monopoly corrupts. Absolute monopoly corrupts absolutely. |
||
|
Copyright Notice: We don't think much of copyright, so you can do what you want with the content on this blog. Of course we are hungry for publicity, so we would be pleased if you avoided plagiarism and gave us credit for what we have written. We encourage you not to impose copyright restrictions on your "derivative" works, but we won't try to stop you. For the legally or statist minded, you can consider yourself subject to a Creative Commons Attribution License. |
|
backNortel patents; Guess who pays! If you read either the newspapers or the business press, you still won't really be sure about the details of Nortel's sale of its patents, but apparently some were sold to a consortium of Microsoft, Apple, etc. and some were sold to individual companies link here. This is being played as a defeat for Google which made an initial bid and subsequent competitive bids but dropped out after the price rose above $4 billion. It might equally be viewed as a victory for Google, having made arch-competitors pay far more than they dreamed of having to.
The real losers here were us consumers who will pay more for things produced under the patents. We will also see less inter-company competition and less innovation. This further cements the already long standing position of the incumbents, which will also restrict innovation. Still think patents promote innovation? [Posted at 07/02/2011 12:19 PM by John Bennett on Blocking Technology Comments Although this is not relevant to my fundamental point that it is the consumer who pays for this monopolistic competition, there is a better account of the bidding arrangements at http://www.reuters.com/article/2011/07/02/us-dealtalk-nortel-google-idUSTRE76104L20110702 [Comment at 07/02/2011 01:01 PM by John Bennett] If Google really wants to be in this space, it will drive them to a different form of innovation in order to be in the same competitive arena. [Comment at 07/03/2011 08:42 PM by Anonymous] Submit Comment |
|
Most Recent Comments A Texas Tale of Intellectual Property Litigation (A Watering Hole Patent Trolls) Aunque suena insignificante, los números son alarmantes y nos demuestran que no es tan mínimo como at 06/29/2022 08:48 AM by Abogado de Accidente de Carro en Huntington Park
at 11/27/2021 05:53 PM by Nobody
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:47 PM by Anonymous
at 01/06/2021 06:47 PM by Anonymous
at 01/06/2021 06:42 PM by Anonymous
at 01/06/2021 06:42 PM by Anonymous
|
