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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 147.19-3.6%Feb 3 3:59 PM EST

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To: Maurice Winn who wrote (68194)8/24/2007 4:48:43 PM
From: Eric L  Read Replies (4) of 197509
 
Appropriation Without Compensation

Mqurice

<< Eriq, the word "confiscate" isn't applicable to what QUALCOMM does in relation to freely formed exchanges of value with consenting adults who own other intellectual property. Confiscation is what juries, judges and politicians can do, and have done, to QUALCOMM's property. >>

That's what happens to 'bad actors' ...

In common usage an attempt to confiscate is an attempt to seize or acquire property without adequate compensation or consideration, but in deference to you I'll substitute 'appropriate' for confiscate. It is the word David Dull used when he testified in public "Hearings on Single-Firm Conduct" being conducted by the US Federal Trade Commission and the Department of Justice.

Broadcom has been confronted by a licensor who participated in a standard setting process insisting that, as a condition to being granted a royalty-bearing license to the intellectual property essential to practice the standard, Broadcom would have to give back a royalty-free license to a much broader sweep of Broadcom intellectual property, including IP covering features and functions entirely unrelated to the standard. To usurp the blood, sweat, tears and genius of innovative companies in such a manner as a condition to practicing an industry standard runs directly contrary to the fundamental objectives of standard setting bodies. If this sort of practice is allowed, what incentive will any company have to innovate or invest, knowing that unrelated technology can be appropriated in this way as a price for making standardized products? ...

- Eriq-
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