alt Hacker NewsHave you completely misunderstood the concept here? This isn't some IP virus that infects anyone that touches it. J&J keeps the IP that it owns, in all cases, obviously. The bankrupt company must release the IP that the bankrupt company owns, unless someone like J&J wants to acquire it and keep things running. Obviously a company that fails wouldn't destroy the IP of another company. Obviously the failed company only impacts the failed company IP. I think you may be trying too hard to find flaws in this idea, instead of trying to make it work.
Maybe I have? Could you explain your understanding of it? If it doesn't extend past the software the hardware vendor directly wrote, then it doesn't result in hardware owners being able to continue running the hardware after the manufacturer goes bankrupt, which was the purpose of the proposed "fantasy law".