RSM100Y1 Lecture 1: Chapter Notes
Document Summary
The innovative device led to a long line of imitators. However, since iphone was launched, apple has been the target of patent infringement lawsuits by other firms. Nokia says the apple has infringed on 10 of its patents related to wireless handset. Apple has countersued nokia, claiming that nokia is infringing upon 13 of apple"s patents. Innovations happens so fast that it can be hard to know who came up with an idea first and at what stage of development an idea should be considered proprietary. Many firms are turning to the us international trade commission(itc) instead of other courts and agencies because itc can move these cases along more quickly. Apple also sued htc recently for infringement of 20 apple patents. Canada, rim"s lawsuit against ted livingston and his company, kik interactive inc. These cases highlight the importance of every businessperson understanding the basics of business laws.
