BrainKing - Discussion boards (Politics)

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Politics

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27. August 2012, 13:12:38

Mort

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Modified by Mort (27. August 2012, 13:13:25)

Samsung has sent a memo to staff in the wake of losing a court battle with Apple hitting out at what it calls abuse of patent law.

On Friday, a US court ordered Samsung to pay $1.05bn (£665m) in damages to Apple for infringing its patents. Shares in Samsung fell 7% in Seoul in Monday trading, their biggest one-day fall in seven years, as a result. Samsung said there had yet to be a company that had succeeded by relying on the "outright abuse of patent law". The case is one of the most significant rulings in a global intellectual property battle.

Samsung said it would be appealing against the verdict.

Seems the courts do think you can have new ideas, or as they tend to label it... intellectual property.
But what do judges know... they are only human.