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Against Monopoly

defending the right to innovate

Monopoly corrupts. Absolute monopoly corrupts absolutely.





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This is an argument?

Joe Stanganelli an attorney explains why it is a good idea for Eolas to own the web

Critics nonetheless mewl argue that patents "stifle innovation." This is like arguing that requiring people to pay money at a restaurant "stifles feeding," or that making it illegal to steal a UPS truck to start a delivery service "stifles entrepreneurship." (Doubtlessly, when Thomas Edison denied Nikola Tesla the $50,000 he had promised him in exchange for spending several sleep-deprived months improving Edison's DC generators, Edison likely felt that honoring the contract would have "stifled" his company's innovation.)

It is unlikely that making it illegal to steal a UPS track to start a delivery service "stifles entrepreneurship" but of course it is an empirical question. In the case of patents the evidence is in: patents stifle innovation. Only evidence can refute evidence - theoretical arguments, feelings, and analogies are irrelevant.


Comments

@'... or that making it illegal to steal a UPS truck to start a delivery service "stifles entrepreneurship."'

Yes, stealing a UPS truck will disrupt delivery service and should be illegal (not that will stop the theft). But making illegal to start FedEx alike company that have delivery truck like UPS for sure will "stifles entrepreneurship." And that is exactly what patent law is about.

ps. I love stupid analogies and anecdotal evidences provided by supposedly smart people. I thought attorneys should be smart.


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