Monday, August 27, 2012

Apple v Samsung

I am sure this is only the start of the patent litigation in the tech industry. It looks like Apple have won their case against Samsung products copying Apple ideas that are patented.

Samsung shares have slid on the ruling that sees them paying $1bn dollars in compensation, and maybe having products withdrawn from the US market.

Overall I agree with those that say it will be bad for consumers in the market and limit competition. How long can ideas that are "out there" be something a company can protect, Apple sell a high margin product and locking out competition for many years is surely counter productive.

I always sympathise with the James Dyson views on patents, he won a case when he was trying to bring his vacuum cleaners to market - so I do feel they have a place. Here is his comments on the case:

http://www.telegraph.co.uk/finance/comment/9500480/Its-obvious-that-British-courts-should-defend-firms-patents.html

No comments: