Technology
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
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So... Someone needs to sue them for a monopoly? Seems pretty cut and dry.
I don't think it really applies to patent holders. The company doesn't make the displays -- they license their patent to the companies that make the displays. The licensing cost is what causes the displays to remain expensive, but I'm not sure this counts as a monopoly. I'm not a lawyer, but it seems like patent holders can do pretty much what they like with the patent (and indeed, that kind of seems like the whole point of a patent).
Sounds like Patents need to be changed then. Especially for variations of normal technology. Like, someone should not be able to patent a new variation of an OLED display. But, if you create a NEW product (E.x something that literally doesn't exist yet that creates a new market) then you can patent that. And, patents should expire in 3 years, hard limitation.
Well, those products didn't exist when they made eink displays. The whole point of a patent is to grant a temporary monopoly in exchange for the patent holder making details of the invention public. The patent holder gets a monopoly on producing and selling that thing so they can recoup their investment, and competitors can make derivatives after the patent period.
If a product already exists, you can't patent it because it falls under the "prior art" restriction.
That said, I absolutely agree that patents should have a much shorter duration. I think the right number is somewhere in the 5-7 year range, but others certainly have different opinions. What I'd like is an actual, national discussion about it instead of just random ranting on social media.
No disagreements! It does seem like an area that needs improvement.
A patent is a state-granted monopoly.