rosenthal files THREE cases v tt

Quote from Thunderdog:

Sorry, but I think that is taking it a bit too far. The use of patents serves a very useful function when properly administered. However, as I see it, the granting of a patent on a DOM window is about as legitimate as granting a patent on a sandwich. To this layman, it is patently absurd.

I think that it is the abuse of the issues you mentioned that are cause for concern rather than the issues themselves. Operating in an environment where there is no respect for intellectual property is great if you are a pirate. It is not a very good breeding ground for innovators.

(And how, exactly, did "liberalism" get into this thread?)
More...

Thunderdog,

Originally patents were used to encourage development of stuff that would not have been developped otherwise due to the high costs involved (eg medicines) and what was for the benefit of mankind.

These days it is being used for extortion. The exhorbitant prices being charged are out of whack in regards to the development costs. The present system does not work towards the benefit of mankind, and is not in spirit of the original purpose of patents.

What I tried to point out is that it is hurting the standing of the US in the global economy. It will be only a matter of time before the US equity markets are being taken over by China. (and that is not a matter of IF but a matter of WHEN. The Chinese think on a timeframe that the westerners do not and that is their strength.)

:cool:

Maria

PS Liberalism is another matter that is weakening the US society and hence economy. There is a huge cost involved in that, due to the overheads required to cater for all the different factions.
 
Quote from FredBloggs:


i guess this doesnt explain how cantors/espeed buckled/sold out to him though cos they are pretty big (just in the interests of a balanced view)
More...

The original posting said it all: an injunction preventing TT to remove X-trader from their seats.

RCG does not want to have their business disrupted by Harris while they are disagreeing over the patent and are fighting it in the courts. Similarly for the others it was easier to agree to pay up and pass the costs on to the customer.

Sherlock
 
Interesting to see that Europe has thrown out patenting of software.

So all those that want to use a DOM and don not want to be held to ransom can now move the the "old community".

And if the exchanges in Europe do shape up then the US may well find itself being "out traded" (or should I say "out classed"). :D

Thanks to Harris the whole of the trading industry in the US is now under threat. Well done, single handed destroys a whole industry, unbelievable, only happens in the US.

http://news.bbc.co.uk/1/hi/technology/4655955.stm

:cool:
 
Quote from Holmes:


Thanks to Harris the whole of the trading industry in the US is now under threat. Well done, single handed destroys a whole industry, unbelievable, only happens in the US.
More...

I think that's overstating things a bit since he has shown plenty of willingness to license the idea.

The exchanges (CME and CBOT) are hiking their fees left and right by more than the licensing fees harris has proposed, are they also destroying the whole industry?
 
oh yeah and that bill that was rejected was simply to make it easier to get patents in Europe in the future. TT has already obtained its patents under existing European law.
 
You must log in or register to reply here.
Back
Top