Please Mr President – abolish software patents
“Patent trolls” are firms that buy many patents, and then threaten companies with lawsuits – claiming that their patent has been “infringed”. In most cases the claims are questionable – but most companies pay anyway – to avoid the extreme cost of going to court.
Obama is now taking actions to make life more difficult for the patent trolls.
This is certainly a step in the right direction.
But Obama should take more bold steps. We believe that the idea that someone could have a global monopoly on an idea – is simply a bad idea.
Software patents hinder competition which means higher costs for consumers and slower human development.
So please Mr. President – do the right thing and abolish software patents now.