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Against Monopoly

defending the right to innovate

Monopoly corrupts. Absolute monopoly corrupts absolutely.





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Unintended Benefits of IP

(via Ricardo Lagos) The story of Prada is an interesting one. The company is owned by Miuccia Prada who is also the chief designer. In 1978 when Prada was a relatively small designer label, in good Southern Italian fashion, another company started making knock-offs of Prada bag designs. At a trade fair Miuccia Prada bumped into the owner of the copycat firm and "harangued him ... for allegedly copying some of her bag designs." So: big expensive lawsuit against her rival Patrizio Bertelli? Apparently not. The two got married and combined her design sense with his manufacturing ability and made Prada into the multi-billion business it is today. If IP lawsuits are a form of business warfare, I suppose the moral of the story is "Make love not war."

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