Our Intellectual Property Laws Are Out of Control

Our Intellectual Property Laws Are Out of Control - RF CafeDid you know that prior to the 17th century monarchs and their assigns would issue decrees forbidding anyone other than their chosen vendors to sell certain products or services? Monopolies were granted for marketing of such trivial items as perfume and playing cards. In 1624, Parliament passed a law banning monopolies except as a reward for inventors. That bit of trivia is part of an article by Glenn Reynolds in Popular Science. He continues that during the drafting of the U.S. Constitution you find similar thinking. "Thomas Jefferson opposed all government-granted monopolies, but James Madison argued that while monopolies generally are bad, there is a place for patents and copyrights. In the end, the Patent and Copyright Clause (Article I, Section 8) empowered Congress '[t]o promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries.'" It's a short article, but an interesting read about how the current patent and trademark system is breaking down.

Posted  August 6, 2013