Not this is rich. First, though, a little explination for those that may not understand what Eminent Domain is and how it’s used.

Answers.com defines Eminent Domain as:

The right of a government to appropriate private property for public use, usually with compensation to the owner.

Also important to know, but, at first seems unrelated to this concept, is the the fact that both coporations and the law view patents as property. Intillectual property to be exact. Which, technically speaking, makes them susceptible to Eminent Domain, something being considered by states in an effort to reduce prescription drug costs and health care, in general.

This is something the pharmaceuticals are strictly against stating that such a practice is unconstitutional. Which is rather odd, considering that in 1998, pharmaceutical giant Pfizer announced plans to develop a new research facility in New London and when landowners refused to sell, the comapny had the local government use Eminent Domain to force everyone to move. From everything I read, the ensuing court case is still pending

In all cases I’ve read about where Eminent Domain was used to force people out so corporations can move in, increasing tax revenue was the primary reasons. So, does this mean that any of us are susceptable to having our property taken from us and given to a third party company owner just so the city/state can increase it’s revenue the easy way? If this case ends in favor of pharmaceuticals, the resounding answer is, yes.

I encourage any property owner to do themselves a favor and research the topic thoroughly. Castle Coalition is an excellent place to start.

I’m just learning about a bit of this, so if I’ve mist-stated something, feel free to correct me.