4 ms·
> If you neither sell a product nor license IP to third parties, there is no way you're losing any revenue from an infringement. Well, maybe you're shopping fo
by brownbat 14y ago
> If you neither sell a product nor license IP to third parties, there is no way you're losing any revenue from an infringement.
Well, maybe you're shopping for licensees.
A better solution would be to oblige you to license your inventions at a public auction if you can't find a licensee after a reasonable period of time (six months to a year?)
Licensee collusion at auction should be prosecuted under anti-competitive behavior acts, but probably wouldn't need to be if the auctions were fairly open.
The owner could participate with a shell company and put in an incredibly high bid to block the process... you could discourage this by putting a significant portion of the bid in escrow until the product is actually monetized. If it's never monetized, let other bidders sue for a new auction.