Speakers at last week's Futures Industry Association expo in
Chicago lined up to condemn the use of patents in a way that
restricts industry development. Participants variously attacked
the use of patents as a revenue generator, the US Patent Office
for granting patents too easily, and companies that are too
quick to settle in patent disputes.
Commodity Futures Trading Commission (CFTC) commissioner
Walt Lukken set the tone, asking, "What happens when
intellectual property hinders competition? At present, too many
questionable or vague patents are being granted."
Lukken offered the services of CFTC to the Patent Office as
a possible means of improving the process of granting
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