Is there such a patent?I bet either some BT or BP company has the patent on nicotine liquid. Sort of makes you wonder what will become of that.
But these innovations are being made by small companies, and the big companies are doing the copying. Patents simply do not work in situations like that. The copier has the innovator over a barrel, they can drain them of cash or settle for peanuts --- "Sue us if you like, but we've got patent layers on retainer and offices full of legal clerks with nothing to do all day but file counter-claims, motions and affidavits. You might win, but nothing is certain and it will cost you at least $10M to find out and meanwhile we will drag your reputation through the mud for ten years. On the other hand you could settle out of court and we will give you one dollar for an eternal license. The terms of the agreement will be sealed, so you can never say that we infringed, whereas we will be free to imply that we never did anything wrong and you were trying it on."
Patently Absurd - Forbes.com
Last edited: