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Displaying items by tag: Ericcson

The US Patent system is broken. The system has strayed very far from its original intent as a means to ensure that inventors were able to get a return on their work. Now a patent is something to be used to hinder the competition. Companies buy them up and stock them away in holding groups like an arsenal. It is no longer about real innovation and progress, but simply a way for large corporations to bargain and shape the market in the manner that they want. Many times we have seen a company buy up a stock of patents with the intention to attack another or even defend themselves.

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