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May 2000

Follow-up: Amazon's Mea Culpa, Good News for Gene Therapy, and Sydney, Ahoy!

By Rebecca Zacks

Will patents on Internet business methods hurt e-commerce? Last issue, TR singled out Amazon.com for its troubling patent on "one-click" purchasing. Now, Amazon CEO Jeff Bezos has conceded in a public letter that he's troubled too. In fact, he believes the new wave of e-commerce patents "could end up harming all of us." Although Amazon isn't ready to give up its own intellectual property just yet, Bezos has asked for congressional action. One suggested fix: Make software patents last only three to five years, instead of the usual 20.

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