commanderFirm quietly boosts H.264 streaming license fees from $100,000 up to staggering $4.5 million — backbone codec of the internet gets meteoric increase, AVC hikes follow disastrous H.265 licensing increa
Figures. Patents are the backbone of capitalism. Some say it invented capitalism as we know it.
I mean, I get the idea of patents. If there were no protection of “ideas”, some random person could have one, try to bring it to market but could just be outplayed by a big corporation with enough money to copy this idea and sell it everywhere before he can even start production. They have more resources and money, but might not have had that idea. There should be some protection. Problem is, that these are also abused by the big corporations, so… Maybe we need to fix this somehow.
Specterut could just be outplayed by a big corporation with enough money to copy this idea and sell it everywhere before he can even start production.
Which is also why Anti-Trust laws exist in pretty much every country and, when enforced, actually stop companies from becoming gargantuan Hydras.
In the US they haven’t been implemented for too long, of course.