Bonum Certa Men Certa

Financialization of the EPO Will Doom Europe's Largest Patent Office

Is the EPO an investment bank
Busy turning the Office into a "24/7" "day and night" bank, working around the clock and treating monopolies as products



Summary: The EPO is being killed off and effectively sold by Benoît Battistelli and his close friend António Campinos, who comes from a rogue banking sector; they've lowered the legitimacy of patents very considerably (now they pursue a court system which would/can allow European software patents) as well as the quality of examination/examiners because it's more profitable to just allow everything

LAST year we noted and quoted that “[t]he EPO is wasting money on stock market gambling,” having spoken to another person who further asserted that “they start to bring in more money through gambling than through the normal work activities. At that point the normal work activities become a charade at best, so they can pretend that they are active in a particular field of endeavor. More often the normal work activities just get in the way of the gambling so in response any staff still involved in normal work activities get fired in one way or another.”



"They pretend things are improving, even as they rapidly get a lot worse and slip out of hand (or tongue)."Remember that the EPO is gradually being privatised (even outsourced to Belarus, way outside the EPO and outside the EU) and eventually treated like a for-profit corporation; see the job titles in today's top-level management of the EPO. Suffice to say, the quality of work/workers/service is deliberately lowered for the sake of "profits" and of course part of that is just lying about "customer experience" etc.

They pretend things are improving, even as they rapidly get a lot worse and slip out of hand (or tongue). These are not public servants but self-serving autocrats.

As our associate put it today, "the privatisation scam is hitting the EPO, soon they will move to financialization and patents won't even be a charade/fascade, they will simply spend all their time and money "investing" in stocks all the while declaring themselves a patent office."

See the paper "Beware Financialization, Attractive and Dangerous, but Mostly Dangerous" by Donald Tomaskovic-Devey.

Beware Financialization, Attractive and Dangerous, but Mostly Dangerous

Recent Techrights' Posts

Coming Soon: Microsoft Fake Results, Mass Layoffs, and Silence About All the People Microsoft Pressured to "Quit" (So That They Don't Get Counted as Layoffs)
there will be more mass layoffs
Speed of GNU/Linux
The media seldom speaks of the dangers of "proprietary software"
Proprietary Windows Versus "Linux" News (Trying to Keep People on Windows, Never Exploring GNU/Linux)
Good editors know better how to recognise threats and not give them lip service
Ensuring That Every Computer User Anywhere in the World Can Take Control of All His or Her Computers
We must fight the people who attack general-purpose computing, in particular those who push this agenda very aggressively inside Linux
 
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Monday, April 28, 2025
IRC logs for Monday, April 28, 2025
China is Already Culling GAFAM (Not Just Microsoft Windows)
OS monoculture or "OS hegemony" may be coming to an end
The "Telephone Operating System in the Vatican" is 95 Years Old, Vatican Moved to GNU/Linux
Maybe Microsoft is down to zero already
If Tesla Shares (and Alleged Value) Fell 55% (From $489 to $222) in a Few Months Maybe It's Not Worth Anything At All (It's Just Gambling)
Tesla swasticars have turned from a "status symbol" into a "public embarrassment" and cause for casual humiliation
Chromebooks' Adoption in Sweden No Longer Depends on Schools
School breaks are when classrooms are shut
No, IBM is Not Investing $150 Billion in the US and It Doesn't Even Have That Kind of Money
Here we go again... media as a vehicle of lobbying and misinformation
Leak: The EPO's General Consultative Committee (GCC) Does Not Consult Staff on Crucial Matters and Bypasses the Administrative Council (AC) to Do Illegal Things
violations against the EPO's very staff
New Leaks Coming Soon, We Maintain 100% Record of Successful Resistance to Censorship
We won't be told what we can and cannot say (especially when it's true)
Central African Republic (CAR): Vista 11 is Only ~0.2% Market Share
99.8% to go!
BSD and GNU/Linux Replaced Microsoft in Secure Servers, All Microsoft Has Left is LLM Slop for Fear, Uncertainty, and Doubt (FUD)
the FUD machine never rests
Gemini Links 28/04/2025: A Simple Task Tracking and Auto-Prioritization Tool and Other Programs
Links for the day
Links 28/04/2025: Canada's Election, Pakistan-India Conflict
Links for the day
Glue Inside Your Pizza (or Why People Will Get Fed Up With Slop)
People are given "answers" from non-intelligence word dumpsters
Links 28/04/2025: Cyberattacks Happening, Chatbots Disappointing, and "Free Speech Under Fire"
Links for the day
Phone Adoption Very Low in Vatican, Windows Usage Fell Nonetheless
Even in places where people still use desktops/laptops most of the time (and have access to these) Windows is gradually losing ground
GNU/Linux 9% in Cuba, Vista 11 Waning, Android Dominant
Microsoft has pretty much lost Cuba
Gemini Links 28/04/2025: Autism and Structural Navigation
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Sunday, April 27, 2025
IRC logs for Sunday, April 27, 2025
What Happened to the Open Source Initiative (OSI) Elections: The Purge, the Cover-up, and the Witch-hunts
OSI has gone "full Microsoft"
In 24 Countries Observed by statCounter Vista 11 is Still Less Than a Quarter of Windows Users Despite All Other Versions Being 'Expired'
They ought to move to GNU/Linux
Links 27/04/2025: Pope Goodbyes, "Politics of Fear", Slop Redux and More Google Shutdowns (Google Debt Had Grown This Year)
Links for the day
Links 27/04/2025: Serenity Dialectics, Hockey Jersey Ethics, and More
Links for the day
Links 27/04/2025: Death of Nest Thermostats, Death of Metaverse
Links for the day
Links 27/04/2025: Projects Workflow and Discovering Technology
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Saturday, April 26, 2025
IRC logs for Saturday, April 26, 2025