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Ask HN: Would it be possible to make a collective to stop some patent whoring?
The current system sucks. Imagine if, however, a number of companies and individuals join a collective. The legal structure can be whatever it needs to be, but essentially the only people that get sued by the collective are people outside the collective that is suing someone in the collective. I say this as a libertarian, so I'm far from a populist but enough is enough.
After a while market forces would make it unfeasible for real companies to operate outside the collective so the only people doing the suing would be complete patent trolls and then the law could be changed to sunset the existence of them.
There could even be an entrance fee that gets distributed equally to each company on a proportion of the number of their patents, furthering the financial incentive to join earlier. Not sure about this last idea though because it feels like a pyramid scheme.
- nextparadigms 15y agoI think that's how Intellectual Ventures was born.
- psawaya 15y agoSimilar: http://www.openinventionnetwork.com/about.php http://www.openinventionnetwork.com/about.php
- pbreit 15y agohttp://www.mpegla.com/ http://www.mpegla.com/