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by asmithmd1 1112 days ago
The problem is companies can just ignore your request to license a patent. Did you know the reason any artist can "cover" another artist's song is that Congress added "compulsory licensing" to copyright law? For 9.1 cents per copy of a song, you can record your own version and sell it. We need to do the same thing for patent claims. Set a floor of, IDK, $100 per copy of a patent claim infringement. As it is now, damages are completely, un-capped and you have to pay for a lawsuit to get a jury to decide how much a patent is worth.
1 comments

Cap total proceeds at 20% of final product cost after a few years of exclusivity.