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Fucking software patents.

Company demands a cut of every futures trade, or they'll sue for patent infringement

Basically, these guys seem to have grabbed a software patent on something to do with electronic trading.  They're now holding the world's four largest futures markets hostage--and demanding a 2½¢ ransom for each side of every trade.  (That's about $130m/year.)

This is why I hate patents.

Comments

( Read 3 comments — Leave a comment )
elyscape
Feb. 24th, 2005 03:23 pm (UTC)
Those bastards. They want to destroy an economy.
opt513
Feb. 24th, 2005 06:22 pm (UTC)
Nah, they just want to be filthy fucking rich, and they don't care who they hurt. It's capitalism at its finest.
elyscape
Feb. 24th, 2005 08:30 pm (UTC)
Fair enough.
So they want to get filthy fucking rich while in the process destroying an economy. But that's just a bonus.
Bastards.
( Read 3 comments — Leave a comment )