by Mike Masnick
Wed, Aug 26th 2009 3:22am
A year ago, we noted that Hillcrest Labs was going after Nintendo, claiming that the Wii violated its patents. And, like so many other patent holders, Hillcrest got to take two separate cracks at Nintendo, suing in court and also filing with the ITC to block imports. Recognizing just how ridiculously costly it is to defend both the lawsuit and the ITC process, it looks like Nintendo has just agreed to pay up. The company still insists that the Wii doesn't infringe, but the system is stacked against companies who actually innovate. It's so costly to defend yourself, that it's usually just cheaper to settle. Consider it a tax on innovation... except the tax doesn't even go to anything useful.
If you liked this post, you may also be interested in...
- How The Heavy Hand Of Government Stifles The On Demand Economy
- Why Patent Trolls Love East Texas... And Why Congress Needs To Fix It
- Could A Hedge Fund Manager Trying To Short Stocks Of Pharma Companies With Bad Patents Derail Patent Reform?
- DailyDirt: Playing Super Mario By Rote... Is Fun?
- YouTuber Angry Joe Swears Off Nintendo Videos After The Company Claimed His Mario Party 10 Take