SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Final Frontier - Online Remote Trading

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dan Duchardt who wrote (11227)5/5/2004 12:52:04 PM
From: Tech Master  Read Replies (3) of 12617
 
The U.S. Constitution calls for the creation of legal monopolies for inventors of patented and trademarked products. While you may feel that the perfect market isn't available for CBOE listed indexes, it isn't so broken as to create a legal precedent that would challenge one of the constitutional rights given inventors by our founding fathers.

I do agree that electronic markets offer elements of efficiency not found in a specialist market. However, setting precedent related to patent and trademark law by forcing multi-listing of proprietary contracts would diminish the value of the brand, erode profits for those that took risk in developing the contracts and for those that paid royalties for the right to use them.... but most importantly, it would set a dangerous precedent for all intellectual property owners across every field of innovation.

ISE suggests that they are willing to pay the royalties as well and it will improve price efficiency. Fine. I want to license every other unque product owned my every other party in every other field because it will lead to better prices for everything that is currently proprietary. Who cares about all of the risk that people incurred making those brands sucessful? See the dilemma? Its an enormous can of worms that would create problems across the complete economic spectrum if approved. This issue has far greater implications than merely a battle for a trademarked index and therefore cannot be successful if any value in intellectual property is to be maintained by society.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext