Well Microsoft Corp and Google Inc's Motorola Mobility division had a recent lawsuit covering their intellectual property. In this review I will discuss the different types of and legal protections for intellectual property. Analyze the legal issues of e-business to include intellectual property, privacy, ethics, and security. Of many I find this one the most interesting. The trial ran from November 13 to November 20 and was about what rates Microsoft should pay the Motorola Mobility Division, for the its patented wireless technology. The agreement between them was that Microsoft alleges that Motorola promised to license its patents to Microsoft at a fair rate and that they did not feel the 4 billion a year Motorola wanted per year was not reasonable. Now because the trial involved “secret” intellectual property the judge cleared the courtroom everytime they spoke about these trade secrets. Then you must consider “the case between Microsoft and Motorola is one of many cases in which technology companies are concerned about confidential information being released to the public. Similar lawsuits involving Apple Inc, Samsung Electronics Co Ltd, Nokia and others have also requested the sealing of documents to protect trade secrets.” According to the article the judge needs to look at all of Motorola’s other deals to make sure the same kind of rate is being charged. If you are this it seems very fair. Although their contract is way to vague. They should have set such a huge deal undefined. I you are going to leave it up to reasonable. In close the intellectual property business is huge. There are even companies that specialize in buying all types of intellectual property. I have always agreed with these laws and how they operate. They offer a guideline for everyone to follow to make business a fair venture.
Sources
* http://www.shufirm.com/Intellectual-property-lawsuits-risk-exposing-company-secrets.shtml