Cisco's CEO Rips Into The Patent System & All Who Abuse It, Big Or Small

Posted by BernardSwiss on Oct 28, 2012 9:06 PM EDT
Techdirt; By Mike Masnick
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There are plenty of discussions about the problem of patent trolls, but if you think that's the only problem with the patent system, you haven't been paying attention. There have been a ton of major clashes going on between big companies, spending billions buying up patents, suing each other... and not putting that money into innovation or lower prices. So it's nice to see Cisco CEO John Chambers speak out against the patent system by calling out both the trolls and the big tech companies for abusing the system and hindering innovation.

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