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by nceqs3 1827 days ago
Funny how Obama pushed this as a good thing for small inventors.
1 comments

Right? The AIA made it easier and cheaper (*) for big companies to invalidate the patents of small inventors who try to assert their patents against them. It reduced the amount of money that big companies will pay to license a patent because the threat of an infringement lawsuit became less valuable. It literally took value from small inventors and handed it to big business.

(*) Edit: An IPR may seem expensive (~$500k is average), but if successful it is much cheaper than winning a patent infringement lawsuit ($millions).

It's almost as if Barack Obama had been bought by big tech moguls who didn't like having to pay IP holders for their work but wanted to stop startups from encroaching on their monopolies. Oh wait...