To: Qurious who wrote (146638 ) 5/29/2018 4:04:03 PM From: Art Bechhoefer 3 RecommendationsRecommended By
Read Replies (1) | Respond to Royalties and licensing fees are a form of taxation, designed to promote innovation by giving inventors a temporary monopoly on their new methods of getting things done. You assert that "nobody likes to pay taxes," but taxes in the case of royalties are simply another cost of doing business. If you want to do business with another person's invention, you usually have to pay for it, unless you're as big as Apple. Then you can choose – spend enough to make your own work around or pay to play. Because patents are a limited time monopoly, and accepted as that throughout most of the world, the resulting fees are expected. Given the typical royalty rates charged by others in the industry are at least as high, it is difficult to argue that Qualcomm's rates are confiscatory or even unreasonable.
