Monday, April 27, 2015

Google "Patent Purchase Promotion"

Google Wants to Buy Your Patent to Keep It Away From Trolls | WIRED
"THE US PATENT system isn’t just broken. It’s being abused to curb innovation, handicap inventors, and redirect company resources toward pointless and lengthy litigation.

Now, Google says it has a new idea for fixing the mess. Today the search giant unveiled a program it’s calling Patent Purchase Promotion, a new marketplace where patent holders are invited to tell Google about patents they’re willing to sell, at a price they themselves have set."