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They have to keep the patents (or donate them to a trusted third part, as a bunch of tech companies have done). They unfortunately need the protection. Otherwis
by gkoberger 12y ago
They have to keep the patents (or donate them to a trusted third part, as a bunch of tech companies have done). They unfortunately need the protection. Otherwise, someone could sue them.
I think Musk's word in this case is good. He's not a nobody; his reputation is stellar.
- IBM 12y agoThey should license the patents for free to anyone who wants to use them. There's no word needed.
- tnorthcutt 12y agoA general business tip: rely on someone's reputation as a signal that you should consider doing business with them, and then rely on their signature on a contract to protect you when you do business with them.
- lclarkmichalek 12y agohttp://en.swpat.org/wiki/Patent_non-aggression_pacts http://en.swpat.org/wiki/Patent_non-aggression_pacts is an option that is a tad more legally binding.