Patents are supposed to be excluded based on prior art concepts. So if I invent a waffle iron shaped like a computer monitor, that's not a patent because those things already exist. Similarly, you would think that if Apple takes an iPod and puts a phone into it - that would be prior art. Right? I think what ultimately angers me about these lawsuits (other than driving stock prices down) is that they seem unethical. There are genuinely important patents out there. But then there are companies that do nothing but file for patents with intention of making all of their income off of them. Before you say - "what about a think tank" I should remind you that this is not a think tank. Filing a patent for a hybrid car after you rode in your friends prius isn't the same as inventing and implementing an electric car before anyone else did. That's where the patent system has gone wrong - there are no longer requirements on an implementation to file for them. Essentially I could go patent the idea of making a car run off my own urine and then if it ever came about - I could sue anyone who actually made it possible later on. Hopefully the writers from Back to the Future were creative enough to patent the idea of time travel, or at least a car that ran on garbage (time travel optional).
If you think this doesn't happen often - google the SCO vs. Linux fiasco.
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