[quote=Crooked_Banker][quote=Nor-LA-SD-guy]It’s the Small guy I think that will be forced out of business, the guy writing apps for Iphone out of his home etc…
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Actually, lawyers tend to go after big pockets (that’s where the money is), so the big software companies are more likely to get hit by lawsuits than the little guys.
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Let me give you a specific example of how this would probably play out, and you’ll see that it will cost the big guys, but kill the little guys. I work writing video games. Specifically for the XBox360 and for the Wii. The company I work with, we write the game, then microsoft or nintendo certify them and they get released. More than likely, Microsoft and Nintendo would require us to purchase insurance to cover any liability caused by our games. (They already require us to purchase some liability, but not covering defects in the game) If this insurance was big enough to cover class action suits the premiums would probably be high enough to kill a small company like I work for.
So, the end result would be the killing of small innovative developers. Large firms like Microsoft and Nintendo could probably self insure, and would use their in house lawyers to fight most of the lawsuits. It would cost them, but it probably wouldn’t kill them.