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Patent Theft as a Business Strategy
March 30, 2010 /
America’s largest big tech corporations are now using a business technique called "efficient infringement," which means that they calculate the benefits of stealing someone else’s patented technology against the possibility of getting caught, tried in court and being forced to pay damages and penalties. If the benefits exceed the costs, they steal.
What makes patent theft so attractive is that infringement is not a criminal act and those found guilty face no jail time. Paying up is the worst that can happen to the infringer.
Pat Choate
(Many thanks to Bob McGinnis for passing this along. Russ)
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