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The Case for Abolishing Patents (Yes, All of Them)

… Eliminating patents altogether, Boldrin and Levine say, would also have fewer negative consequences than most of us assume. Most industries, they argue, only resort to patent litigation once their pace of innovation has slowed. As long as they still cranked out out new, popular products, companies like Apple would continue to profit by being the first to market, which often confers a long-term advantage.  …