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Apple Computing Products:
macOS - Apps and Programs
Nuance Discontinues Drago For Mac
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<blockquote data-quote="Randy B. Singer" data-source="post: 1803997" data-attributes="member: 190607"><p>Patents are generally good for 17 years if applied for in 1995 or earlier. They are good for up to 20 years, if renewed after 14 years, if applied for after 1995. After that, the information is public domain. </p><p></p><p>During the pendancy of a patent, the holder can sit on the patent and do nothing at all with it if they like. In fact, that's what happens with many patents. Big companies, like Apple, file a ton of patents just to sit on them and keep other companies (potential competitors) from coming up with and using the ideas they embody to compete in your business field. Holding patents that you don't intend to use is also a way to stave off a patent suit. The more patents you own, the more likely it is that you can counter-sue a competitor who sues you.</p><p></p><p>If a company goes out of business, generally all intellectual property is sold off, because it is quite valuable, even to companies that don't intend to use it. In the unlikely event that it is not sold off, anyone can use the patent, because there is no one to enforce it.</p></blockquote><p></p>
[QUOTE="Randy B. Singer, post: 1803997, member: 190607"] Patents are generally good for 17 years if applied for in 1995 or earlier. They are good for up to 20 years, if renewed after 14 years, if applied for after 1995. After that, the information is public domain. During the pendancy of a patent, the holder can sit on the patent and do nothing at all with it if they like. In fact, that's what happens with many patents. Big companies, like Apple, file a ton of patents just to sit on them and keep other companies (potential competitors) from coming up with and using the ideas they embody to compete in your business field. Holding patents that you don't intend to use is also a way to stave off a patent suit. The more patents you own, the more likely it is that you can counter-sue a competitor who sues you. If a company goes out of business, generally all intellectual property is sold off, because it is quite valuable, even to companies that don't intend to use it. In the unlikely event that it is not sold off, anyone can use the patent, because there is no one to enforce it. [/QUOTE]
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Apple Computing Products:
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Nuance Discontinues Drago For Mac
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