French Government Creates Its Own Giant Patent Troll
from the state-sponsored-patent-trolling dept
It may seem like we've been particularly tough on the French government lately, but it keeps doing ridiculous things. The latest, as written up by Guillaume Champeau, is that it has built its own giant patent trolling operation, funded with €100 million (Google translation from the original French). The operation, called "France Brevets" or "France Patents," will buy up patents from small operations and put the French government in charge of "licensing" (read: shaking down companies for money). Think of it as Intellectual Ventures, but run by the French government.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
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Filed Under: france, patent troll, patents
Companies: france patents
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(God, I feel so dirty writing that.)
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Step 2: Cut the rope - let guillotine function properly
Step 3: Pick the money up off the floor when his hand recoils after death
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Well, killing someone with stones is not patented, but you'll either need to do it in private, or via slingshots, as I own the Publishing/Public Performance rights to the act of stone throwing. Everytime you see a West Bank kid tossing rocks at an Israeli soldier on teevee, I make money!
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Money well spent.
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No, the days are long gone when the French would stand up to their government. Same thing with the Americans and many other countries. It seems that the middle east is the only place where people have any guts these days.
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So...
Like I said, it sure explains a lot.
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Hey!
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Can't wait until they start suing foreign companies
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2. Patent government sponsored research as a patent
3. Get government tax break to attempt using it in a business model.
4. After for government bail out when business fails.
5. Sell patent to government
6. Profit, profit and more profit!
Yep privatize profits all around at the expense of the tax payer. I thought this business model was already patented by every US business.
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Hmm....
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Just exactly what is the "fair market value" of a government granted monopoly? It doesn't seem to me that there's anything "fair" about such a thing.
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Missing the real story
What this French government project is more likely to be about is giving tax-payer funded support to French companies, in guise of buying patents.
Most likely the patents will be worthless and bought for too high a price, so as to effectively subsidize French companies.
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Patents are basically a monopoly granted by the government. And now a government wants to profit from said patents that it grants?
Is this not the very definition of "conflict of interest"? Or are the French only doing this with foreign patents?
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France as patent troll
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we could use this here
2 if you dont have an army of lawyers to protect your patents then big corp will just rape your IP, not caring if its illegal
3 if you could use govt resources to litigate, as a regular person (corporations need not apply, they are not people), you could make a deal with the govt to get back what is rightfully yours
this would help level the playing field a lot
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French are clever though shameless
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French sovereign troll fund
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