samzenpus from the who's-that-tramping-over-my-bridge? dept.
crazyvas writes "The New York Times has published an article on the FTC's plans to investigate the patent system, and likely patent trolls such as Intellectual Ventures. From the article: 'To its defenders, Intellectual Ventures is a revolutionary company unfairly viewed, in the words of its co-founder Peter N. Detkin, "as the poster child of everything that is wrong with the patent system." To its critics, it is a protection racket otherwise known as a patent troll. This summer, the Federal Trade Commission is expected to begin a sweeping investigation of the patent system after the agency's chairwoman, Edith Ramirez, urged a crackdown. She has singled out a particular kind of miscreant, one that engages in "a variety of aggressive litigation tactics," including hiding behind shell companies when it sues.'"
Humanity has the stars in its future, and that future is too important to be
lost under the burden of juvenile folly and ignorant superstition.
- Isaac Asimov