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by madaxe 4727 days ago
Patents on seeds are particularly worrying as a result of The Patent Box (http://www.hmrc.gov.uk/ct/forms-rates/claims/patent-box.htm) in the UK. Basically means income from patented "inventions" is tax free, which means that Monsanto and chums will only get richer, and the market less competitive. Tweak a gene, repatent, ad infinitum.

Never mind that this is a complete perversion of the purpose of the patent system (innovation and the common good).

1 comments

The sad thing is that will have been designed to incentivise innovation/R&D, when in fact it incentivises registering more patents. :/