• merc@sh.itjust.works
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    6 days ago

    This video is just based off a patent filing?

    Just because a company patents something doesn’t mean they have any intention of implementing it. There are generally 3 different reasons to patent something:

    1. Patent it because you intend to use it
    2. Patent it to add to your patent portfolio to sell or trade at some point
    3. Patent it to control it so that nobody else can do it

    Number 3 is something that big companies are notorious for. An oil company might own patents on renewable technologies to block renewable tech. companies from implementing those ideas. If they do, they violate the patent and the oil company can sue. That puts roadblocks in front of the renewable tech. companies and reduces competition for the oil company.