Column by Kristen Osenga: Big Tech Intellectual Property Theft is a Common Problem with a High Cost | Chroniclers

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Lately, however, small businesses have called their bluff – and won in the courts. With losses of hundreds of millions, it’s hard to imagine how the executives of these tech companies justify their decision to shareholders.

Of course, innovative startups aren’t the only ones losing out when Big Tech loots intellectual property without consequence. By denying small businesses and inventors a chance to reach their potential, Google and Apple are removing competition that would otherwise benefit consumers by spurring innovation and lowering prices.

Big tech companies often contradict these accusations by claiming that intellectual property protections are in fact too strict and that patent holders are the ones engaging in anti-competitive behavior. For example, in a separate patent infringement lawsuit between Qualcomm and Apple, the latter argued that Qualcomm was exploiting its own intellectual property by charging unreasonably high license fees for the use of its patents.

Such arguments are at best a distraction. At worst, these arguments are claims, unsupported by evidence, intended to deceive the courts. Keep in mind that these arguments are made by counterfeiters – parties held responsible for taking the property rights of another company. The ability of a patentee to enforce their patent and to seek license rights from others who wish to use the technology is one of the main advantages of a patent – and of a free market.

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