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> Patents are property and we need taxes/fee on it. $500/year per patent Those 'taxes' already exist (at least in the US system). They are called "maintenance

by pwg 3y ago

> Patents are property and we need taxes/fee on it. $500/year per patent Those 'taxes' already exist (at least in the US system). They are called "maintenance fees". See https://www.fr.com/insights/ip-law-essentials/everything-about-patent-maintenance-fees/ https://www.fr.com/insights/ip-law-essentials/everything-abo... Failing to pay the fee causes the patent to expire, and be unable to be used to sue someone. So these troll firms must also be paying these fees to be able to sue based on the patent.

madsbuch 3y ago
This is interesting. So Oracle holding around 52000 patents pays around 23.000.000 USD a year in maintenance?
- ako 3y ago
  Yes, having patents is expensive. Large corporations often file patents for defensive reasons, and for this they employ multiple patent lawyers full time.
  - madsbuch 3y ago
    Yeah, so add a couple of millions on top oof the 23.000.000 a year for lawyers and other staff.