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Old 10-21-2003   #10
Frank
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Join Date: Jul 2003
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http://knowledge.wharton.upenn.edu/index.c...wArticle&id=863

Fascinating article about how a supposedly rock solid patent did not stand the test of time... Yes, I know it's an article about the RIAA, b uit there are certain parallels with Acacia here...

"...In 1903, when Henry Ford launched the Ford Motor Company, his third attempt at making cars, automobiles were high-priced, custom-made playthings for the rich. What’s more, the major manufacturers had figured out a way to keep it that way. They had acquired a strategic property right very much like the recording industry’s copyrights on recorded songs. It was called the Selden Patent and it gave its owners the exclusive right to sell a very basic invention: self-propelled vehicles powered by internal combustion engines. Many people in the car business thought this patent was an outrage – much as some online retailers today are angry that Amazon.com received a patent on its “One-Click” checkout system. But the U.S. Patent Office had issued the Selden Patent and a group of powerful incumbents had purchased it and formed an association to enforce it. Litigation, then as now, was very expensive – especially for start-up companies with limited working capital. Nearly every car company fell into line to pay royalties to the Association for the privilege of making and selling cars."

- Frank



Last edited by Frank at Oct 21 2003, 07:21 PM
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