Governments enter the “patent troll” business

Patent competition in the United States is usually a fierce arena for private companies, but now the South Korean and French governments are suiting up.

Both countries have launched patent-acquisition companies, with the goal of helping domestic technology firms and possibly making some money in the process. China and Japan are making moves into the business too.

Great, just what we need.

  • The focus on patent trolls is silly. If you think that the patent system is broken, then we should restrict or abolish patents, not make arbitrary distinctions about who deserves to own a patent.

  • so this is their solution to patent reform?

  • Great, now silly disputes over silly patents between silly companies will trigger international incidents.