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Google Businesses Patents

Google Launches a Marketplace To Buy Patents From Interested Sellers 40

An anonymous reader writes: Google has announced an experimental marketplace called the Patent Purchase Promotion, which aims to keep patents out of the hands of patent trolls. From the announcement: "By simplifying the process and having a concentrated submission window, we can focus our efforts into quickly evaluating patent assets and getting responses back to potential sellers quickly. Hopefully this will translate into better experiences for sellers, and remove the complications of working with entities such as patent trolls."
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Google Launches a Marketplace To Buy Patents From Interested Sellers

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  • by qbast ( 1265706 ) on Monday April 27, 2015 @11:33AM (#49561289)
    And in ten years Google hits whole industry with massive patent attack.
  • by SYSS Mouse ( 694626 ) on Monday April 27, 2015 @11:33AM (#49561301) Homepage

    so will Google become a patent troll themselves?

    • so will Google become a patent troll themselves?

      Ah, that's King Troll to you, patent peasant.

      Please ensure you address your patent overlords appropriately.

  • by Anonymous Coward

    Google is currently looking into building potentially the largest patent library on the planet that they double pinky swear not to abuse? Sounds legit.

  • by Anne Thwacks ( 531696 ) on Monday April 27, 2015 @11:49AM (#49561479)
    Well at least it is a better way to spend their money than Google+.
  • Sorry, but am I supposed to believe this will create anything other than a different kind of patent troll?

    Putting a bunch more patents into Google's hands doesn't prevent them from being patent trolls. This is purely about letting Google buy more patents, not protecting us from patent trolls.

    Greedy bastards.

    • Re: (Score:2, Interesting)

      The current lot of patent trolls can exist in the shadows since their businesses do not depend upon the goodwill of the public.

      It stands to reason that a company in the public eye, and one that is already painfully aware of and carefully 'managing' public image issues around the world, would be an improvement over the current seemingly anonymous patent trolls. It is not remotely a perfect solution, but it may be a step towards public accountability for abuses of the abject mess that is the current "pa
      • by slew ( 2918 )

        Patent trolls are simply motivated by money, and they hardly care about being anonymous (or shamed). I suspect that all this will enable is patent sellers to create a virtually unstoppable army of mini-patent tr0lls that brings the industry to it's knees.

        Mini-patent tr0lls will exactly how real-estate tr0lls currently work. Real-estate tr0lls buy up irregular lots (often thin-strips of property that border streets and various rights-of-way) that appear to have no commercial value, but they use them hold th

        • by gstoddart ( 321705 ) on Monday April 27, 2015 @02:03PM (#49562903) Homepage

          This IS NOT a patent clearing house. Not by a long shot.

          This is Google setting up a market place where people can offer to sell Google, and ONLY Google, the opportunity to buy patents. Nobody else will be able to purchase patents with this.

          This is the Google looking to expand its own patent portfolio.

          This has NOTHING to do with a bunch of mini patent trolls -- just one fucking big one.

  • I need more coffee. I read this title as "Google Launches a Marketplace To Buy Parents... " and was in the act of clicking on it before realizing my error.

  • Google is the most expensive company on the stock market and they have all the money so it would only make since to http://gmedicalcpr.com/dot-phy... [gmedicalcpr.com]
  • To protect the industry from patent trolls we are buying up all the free patents in the hands of individuals and forming them into a huge archive under the control of a single behemoth.
  • So if we pretend that the current state of Google is trustworthy, what happens if there is a management shakeup? Or they need to sell off parts of itself to make some cash? It really seems pretty silly to think that you can trust a corporation for decades when it's trust can literally be bought and sold.

  • Suppose I have a couple of patent-worthy ideas, but not the resources to apply for patents. Will Google buy my ideas for (price that they would pay for my patent, if I had one) minus (the cost of patenting my idea)?

    Now that would interest me.

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