“Jeff Bezos, founder and chief executive of online retail giant
Amazon.com, says that even though his company has received two
potentially lucrative patents for Internet commerce technology, the
United States needs to revamp its patent system….”
“We got a lot of feedback on this issue, and when I thought
about it, I realized that they had a good point,” Bezos said in an
interview with The Associated Press. “We really need a fundamental
reworking of the patent system.”
“Instead of issuing software patents for a 17-year term, as
is standard today, the U.S Patent and Trademark Office should only
issue patents valid for three to five years, Bezos suggested
in his letter.”