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Against Monopoly

defending the right to innovate

Monopoly corrupts. Absolute monopoly corrupts absolutely.





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Proposed patent reform remains problematic

Timothy Lee at Ars Technica reminds us that the Patent Reform Act of 2007 is being debated behind closed doors in the Senate, after already passing in the House link here. He concludes that the bill is of little help compared to the long list of problems with patent law as currently experienced by business. And not even the modest proposals under consideration seem likely to go much farther, given the seemingly balanced alignment of business forces on opposing sides who see their interests hurt by one aspect of the legislation or another. Lee seems to think that the Supreme Court may be the most likely source of important changes.

Read the post for the details. But reconciling the differences on the opposing sides seems no solution to the monopolies that current patent law has created, at enormous cost to the consumer and imperceptible increases in innovation. We have simply failed to create real anger among the public who have been taught for generations that patents embedded in the constitution are good for them.


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Most Recent Comments

IP is not a joke Bill: Absolutely. Parody and satire are protected under fair use. Mad Magazine (among many

IP is not a joke Couldn't it be used under the fair use

Goldman does in AIG, you, and me Predatory Lending is a major contributor to the economic turmoil we are currently

Common Sense Seth - I'm not sure how your comment @ 5:57pm casts any illumination on your earlier position. If I

Lessig: Congress is broken and Obama has failed Anon, state granted monopolies are effectively licenses for corporations to collect taxes on

Lessig: Congress is broken and Obama has failed It does seem strange to me that when we are faced with the possibility of a 23 trillion dollar

The Patent, Copyright, Trademark, and Trade Secret Horror Files Fred, I recognise that 'natural monopoly' may have a more specialised meaning for economists, and

Lessig: Congress is broken and Obama has failed Fred, I'm doing something immediately. I'm working on the Contingency Market. this is something

The Patent, Copyright, Trademark, and Trade Secret Horror Files @Crosbie: I agree *natural monopolies* do exist, despite any tendency for SK and Bill Stepp to shut

Lessig: Congress is broken and Obama has failed I thank John Bennett for this post, and for the quality of his posts here in general. I've been