Bonum Certa Men Certa

EPO Policy (Squashing Examination) is Already Crashing Stocks, Destroying Companies

When patents are granted and then revoked (due to examination error) the collective cost can be vastly higher than all "revenue" EPO ever got

Investing



Summary: The value of accurate patent examination -- something that the US came to grips with -- is underestimated by patent maximalists who measure their 'success' by the number of granted patents and those who profit from patent bureaucracy (litigation, application, appeals and so on)

IT WAS only yesterday that we wrote about a company that had crashed due to low patent quality at the European Patent Office (EPO) amid EPO scandals. The decline in quality of examination is noted by examiners themselves; many are upset about having to grant software patents in Europe (the EPO's management just frames these as "ICT", "CII", "4IR" and so on).



"Europe depends on patent justice, not patent maximalism (granting as many patents as possible)."Each time a patent gets granted (or refused) in error the impact can be tremendous. One wrongly-granted patent can literally cause billions in damages. A wrong denial can cause billions in losses.

Several hours ago a couple of articles [1, 2] said:

Alexion Pharmaceuticals (ALXN) toppled Tuesday afternoon on news European officials may reject a patent covering key blockbuster drug Soliris, an analyst said.

[...]

The European Patent Office issued a negative preliminary opinion on a patent protecting Soliris, RBC analyst Kennen MacKay said. The office set oral arguments for February. Then, officials will make an official decision to uphold or reject the patent.


Whether or not the patent application has merit, the profound impact on the company is clear. In another press release 51Degrees has just said:

European Patent Office rejects Afilias Technologies' opposition to 51Degrees' Patent

On 8th May 2018, the European Patent Office (EPO) rejected the patent opposition, submitted by Afilias Technologies, upholding 51Degrees' European Patent EP2871816 "Identifying Properties of a Communication Device" with one minor change to remove four words. 51Degrees' position as the only innovator in the device detection space is now affirmed.


Europe depends on patent justice, not patent maximalism (granting as many patents as possible). But Team Battistelli embraces the latter, especially with the UPC, which we shall cover in our next post.

Recent Techrights' Posts

Brittany Day Can Rest and Let Microsoft/Chatbots Write Fake 'Articles' About "Linux" This Christmas
Who said people don't work on Christmas? Chatbots or plagiarism-as-a-service work 24/7, every day of the year except during Microsoft downtimes
 
Links 25/12/2024: Fentanylware (TikTok) Scams and "Zelle Scams Lead to $870M Loss"
Links for the day
Links 25/12/2024: Windows TCO Brought to SSH, Terence Eden 'Retires'
Links for the day
Gemini Links 25/12/2024: Reality Bites and Gopher Thanks
Links for the day
Links 25/12/2024: Latest Report Front Microsoft Splinter Group, War Updates
Links for the day
Links 25/12/2024: Hong Kong Attacks Activists During Holidays, Xerox to Buy Lexmark
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Tuesday, December 24, 2024
IRC logs for Tuesday, December 24, 2024
Gemini Links 25/12/2024: Open Source Social and No Search
Links for the day
Brittany Day Connects Windows Ransomware to "Linux" Using Microsoft LLMs (FUD Galore, Zero Effort, No Accountability)
FUD and misinformation made by Microsoft LLMs again?
Links 24/12/2024: Labour Strikes and TikTok Scrambling to Prop Up Radical Politicians That Would Protect TikTok
Links for the day
Where the Population is Controlled by Skinnerboxes Inside People's Pockets (or Purses)
A very small fraction of mobile users practise or exercise freedom/control over the skinnerbox
[Meme] Coin-Operated Publishers (Gaming the Message, Buying the Narrative)
Advertise (sponsor) to 'play'
Advertisers and Their Covert Impact on Publications' Output (or Writers' Topics of Choice, as Assigned or Approved by Editors)
It cannot be trivially denied that sponsorship in the form of "advertising" impacts where publishers go (or don't go, won't go)
Terrible Year for Microsoft Windows in Cyprus
down from 86% to 72% since January
[Meme] How to Kill Unions (Staff on Shoestring Budget Cannot Afford Lawyers)
What next for the EPO? "Gig economy"?
The EPO's Staff Union (SUEPO) Takes Legal Action to Rectify the Decrease in Wages (Lessening of Purchasing Power)
here is what the union published
Gemini Links 24/12/2024: Deedum Gemini Client Gets Colour Support, Advent of Code 2024
Links for the day
Microsoft Windows Slides to New Lows in Colombia
Now Windows is at an all-time low
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Monday, December 23, 2024
IRC logs for Monday, December 23, 2024
A Strong and Positive Closing for the Year's Last Week
In a lot of ways this year was a good one for Free software
Feels Too Warm for Christmas
Christmas is here, no snow in sight
Links 23/12/2024: 'Negative Time' and US Arms Taiwan Again
Links for the day
Links 23/12/2024: The Book of Uncommon Beings, Squirrels, and Slop Ruining Workplaces
Links for the day
Links 23/12/2024: North Korean Death Toll in Russia at ~1,100, Oligarch Who Illegally Migrated/Stayed (Musk) Shuts Down US Government
Links for the day
The World's 'Richest Country' Chooses GNU/Linux
This has gone on for quite some time
Richard Stallman on Love
Richard Stallman's personal website includes a section that lists three essays on the subject of love
Apple's LLM Slop Told Us Luigi Mangione Had Shot Himself, BetaNews Used LLMs to Talk About a Dead Linus Torvalds
They can blame it on some bot
Microsoft, Give Me LLM Slop About "Linux" and "Santa", I Need Some Fake Article...
BetaNews is basically an LLM slop site
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Sunday, December 22, 2024
IRC logs for Sunday, December 22, 2024