Wednesday, January 04, 2012

[jwwxlinz] Eminent domain on patents

This is a straightforward solution to the chaining problem with History and Monopoly patents.

A firm B applies for a monopoly patent on technology Q to develop a product which can only be developed by infringing on an already existing monopoly patent P owned by firm A.  However, included in B's business plan is the requirement that the state must purchase the existing patent P at its fair market value using the power of eminent domain, making its technology public domain.  Then, firm A no longer has an advantage over any other firm for developing Q.

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