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.
Filed Under: france, patent troll, patents
Companies: france patents
Comments on “French Government Creates Its Own Giant Patent Troll”
I do not have enough palms for my face to properly react to this story.
It makes sense to me. People are always saying that governments should be run like businesses. Well, he’s a great example of the free market at work.
(God, I feel so dirty writing that.)
I suddenly see a guillotine in Sarkozy’s future… Along with an angry mob.
So...
The French government has been wanting to get into the patent shakedown business itself. That certainly explains a lot. I wonder how long it will be before governments all over the world jump into all sorts of IP rackets directly (not just through their corporate partners).
Like I said, it sure explains a lot.
Hey!
A real Tax on Innovation! (Badump-bump!)
Can't wait until they start suing foreign companies
It will be interesting to see what happens when the French government starts shaking down foreign companies. Might be just the thing we need to help break the patent juggernaut.
Which nation will be first to patent “government by elected representatives” and “a proccess by which a citizen may be elected to governmental function”?
Je suis certain que ?a va ?tre l’embodiment d’efficacit?…
Re:
Unfortunately Sarkozy now owns the patent on the guillotine so you would have to pay him a license fee to kill him with it. I suppose they will just have pelt him with rocks, thankfully stoning is still in the public domain.
Re:
It wouldn’t matter. Our corporation-run-governments would be found as not infringing on it.
Governments are often so slow to react [in any private or otherwise manner] that the patent is likely to expire before anything will be done about it.
1. Get government grant to do research
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.
Re:
Step 1: Make payment
Step 2: Cut the rope – let guillotine function properly
Step 3: Pick the money up off the floor when his hand recoils after death
Why make things so complex? Instead of taking away their patents, just tax the businesses more. Same result, less work.
Re:
Yea, but they’ll just pass a “Government Patent Extension Law” and make it retroactive . People thinking that the patent had expired long ago will produce a product, and be sued for patent infringement for not knowing any better by trusting their government.
Hmm....
That’s not necessarily trolling. If the licensing is for a fair market value then it’s just business. Next question, what in Hell is France doing in the patent business?
Re:
HothMonster sayeth: “thankfully stoning is still in the public domain.”
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!
Missing the real story
I don’t fear much patent trolling as the usual French government incompetence suggests this is going to be one other big money sink for the French taxpayer.
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.
Wait a minute here. And please correct me if I have this wrong.
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?
Re:
I suddenly see a guillotine in Sarkozy’s future… Along with an angry mob.
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.
Re:
Unfortunately Sarkozy now owns the patent on the guillotine so you would have to pay him a license fee to kill him with it.
Money well spent.
Hmm....
If the licensing is for a fair market value then it’s just business.
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.
France as patent troll
France has never really believed in the private sector anyway, so this is not out of character. The private research that will be driven out of France is arguably minimal in Sarkozy’s grand scheme of things.
we could use this here
1 they are only buying patents from small biz
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
French are clever though shameless
Its a clever move which returns can be higher than buying US bond, or even sucking out revenue stream from others’ manufacturing, producing money with few labor. Even more brilliant is that few companies can battle the war chest of a trolling nation!
French sovereign troll fund
Or think of it as a creative way to create new revenues for the French state. Better or worse than dregulating online gaming? When you’ve got a billion dollar war to fight, a region in financial crisis, Greeks, Irish and others to bail out and continue to bail out and a shrinking economy, and a quite superlative engineering history, why is this so heinous? Its not the fault of the French government that the troll model can exist and grow to scale, particularly in the US, is it?