U.S. Patent Office to use wiki-based peer reviews of patent applications
Washington, D.C. - The US Patent and Trademark Office has received praise for officially launching the Peer to Patent program -- the purpose of Peer to Patent is to find patents that have been issued for already made products or items that don't properly qualify for a patent. Because the USPTO usually does not have the manpower and time to thoroughly check every patent that comes into the office, many are unjustly rubber stamped. A New York law school helped develop the Peer to Patent program...
Certainly, there are some interesting connotations with this idea. Imagining IBM, AMD and Intel validating or invalidating each other's patents would solve dozens, if not hundreds of fringe IP law suits before they even occur.