Luma Labs: “Therefore, we’re acting unilaterally and conceding the market by immediately discontinuing the Loop and LoopIt. Full stop. We apologize for the sudden nature of this decision and our implementation of it, but we feel like our options on this matter are limited.”
I don’t have much to say about this. The little guy just doesn’t stand a chance anymore.
Horrible. What a loss.
One reply on “Patents Suck”
I think it’s interesting that patents were designed to protect the little buy from the big guy. It appears they’ve done exactly the opposite.
Instead of using innovation, marketing and superior customer support to drive product adoption, companies have sunk to tactics like these.
It’s a real shame. We’ll all pay for it in the long run.