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by mstepniowski
5429 days ago
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You're right. Google (in David Drummond words) called these patents "dubious", not "bogus": http://googleblog.blogspot.com/2011/08/when-patents-attack-a... """
This anti-competitive strategy is also escalating the cost of patents way beyond what they’re really worth. The winning $4.5 billion for Nortel’s patent portfolio was nearly five times larger than the pre-auction estimate of $1 billion. Fortunately, the law frowns on the accumulation of dubious patents for anti-competitive means — which means these deals are likely to draw regulatory scrutiny, and this patent bubble will pop.
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