Thursday, February 20, 2014

Case Study (Competition between H inc and Alexandar and co)

In 2006 H inc had been established by John Smith.They launch an Electronic chip which was great wal mart.Their product become very successful with the passage of time.Product was very reliable.Their chip can perform many tasks at a time if any one want to store any type of data he can store it in that chip and chip can also capture the data and saved into it.Chip has a huge amount of storage and the one who want to retrieve the data can easily retrieve his or her data.Many government organization takes interest in this product especially the Education sector.
In 2007 December their product become more popular when Alaxandar and co signs a deal of 200$ million.Their product become very successful with the passage of time.The product was targeting their audience successfully and they were getting  alot of response for their product.
In 2008 Alexandar and co launches their product which was similar to electronic chip.They introduced electronic pen which can also store and capture the huge amount of data and this pen can also retrieve the data whenever user wants.Their product become more popular than electronic chip because their product can perform more tasks and their product is more reliable than electronic chip.
Their product capture all the market of domestic and international.

After that H inc held a petition in supreme court that Alexandar and
co had stolen their idea.And it was their idea of introducing any electronic device which can store the date and also retrieve data whenever user wants instead of any laptop or any tablet.
FBI cyber crime wing is investigating on this matter and the both companies have held patetion against each other that they have stolen their idea.
Supreme court has accepted their patetion and include some FBI  c specialist to check the ownership of the product and who had stolen the idea.























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