Wednesday, July 12, 2017

If You Buy It, You Own It!; HuffPost, July 12, 2017

Darryl S. Weiman, MD, JD, HuffPost; If You Buy It, You Own It!

"The lesson learned from this decision was “the sale transfers the right to use, sell, or import because those are the rights that come along with ownership, and the buyer is free and clear of an infringement lawsuit because there is no exclusionary right left to enforce.” (Impression v. Lexmark) The buyer will not be sued for enfringement. In fact, all patent rights will “exhaust” after the sale. The next in line of a sale, in this case Impression, is still a buyer and the protection applies to them, also.

A patent owner must take into consideration the monopoly rights to his “invention” when he sets the price to purchase the item. He will not get another bite of the apple—the apple being the right to bring an infringement lawsuit—once that sale has been made. In other words, the only thing that matters is the patentee’s decision to make a sale. Any post sale restrictions that the patent owner wants to impose can only be enforced through some other action, such as breach of contract if a contract has been signed. If we buy it, we own it! This is a good decision."

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