Sunday November 24, 2013

US House and Senate Push Patent Troll Bills

Both the House and Senate factions of Congress are addressing the increasing problem of patent trolls. The bills are designed mainly to stop the companies that are in business only to pursue litigation without legitimate claims.

"The tens of billions of dollars spent on settlements and litigation expenses associated with abusive patent suits represent truly wasted capital آ– wasted capital that could have been used to create new jobs, fund R&D, and create new innovations and technologies that promote the progress of science and useful arts.