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Submission + - Intellectual Ventures' patent protection racket (

David Gerard writes: "Nathan Myhrvold's Intellectual Ventures doesn't sue people over patents, because that would be patent trolling! No, instead they just threaten to sell the patent to a known litigous patent troll. So that's all right then. Timothy Lee details how using patents to crush profitable innovation works in practice, and concludes: 'In thinking about how to reform the patent system, a good yardstick would be to look for policy changes that would tend to put Myhrvold and his firm out of business.'"

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