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Pepsi Told To Pay Over A Billion Dollars For 'Stealing' The Idea For Bottled Water
,----[ Quote ]
| First, $1.26 billion? For the "idea" of
| filtered bottled water? And for a lawsuit
| filed nearly thirty years after the alleged
| conversation? Nearly fifteen years after the
| product came to market? Yeah, that makes
| sense...
`----
http://techdirt.com/articles/20091030/0432116735.shtml
And the monopoly goes toâ
,----[ Quote ]
| Iâm not a great fan of patents, not because
| Iâm against innovation, but because I donât
| believe the patent system (especially in the
| United States) has kept up with, or
| modernized, in a way that actually encourages
| the widest possible public benefit at the
| lowest cost in the least amount of time. In
| other words, what weâve learned from open
| source is that different types of competitive
| pressures in transparent markets can do as
| much if not more than centrally conferred
| monopolies over a given idea, implementation,
| or design.
`----
http://factoryjoe.com/blog/2009/10/31/and-the-monopoly-goes-to/
Recent:
U.S. Supreme Court set to hear Bilski v. Kappos
,----[ Quote ]
| The United States Supreme Court will hear
| a patent case on Nov. 9 that has
| implications for both method and software
| patents, and it has gained widespread
| attention from industry groups, professors
| and businesses looking to influence the
| high courtâs thinking.
|
| But at least one lawyer expects that the
| decision made in this case will not fix
| anything at the United States Patent and
| Trademark Office (USPTO).
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http://www.sdtimes.com/content/article.aspx?ArticleID=33871
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