Many may not be aware of this, but periodically a company will have patented a business process on the internet and go and collect royalties from companies using that process. The patent is usually around something quite obvious, and ends up being a bit of a scam. Effectively it becomes a 5% tax on profits.
If I am in the DR, and selling online.. and a large amount of my target market happens to be in the USA.. Would I be affected by a US patent issue? Or would I only be affected by patents specifically filed in the DR?
My impression is that I'd be only liable for patents filed IN the DR. And since its such a small market, people don't normally bother.
Does anyone know more about this? It could end up being a significant competitive advantage to doing business from here.
If I am in the DR, and selling online.. and a large amount of my target market happens to be in the USA.. Would I be affected by a US patent issue? Or would I only be affected by patents specifically filed in the DR?
My impression is that I'd be only liable for patents filed IN the DR. And since its such a small market, people don't normally bother.
Does anyone know more about this? It could end up being a significant competitive advantage to doing business from here.