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POTUS on Patent Trolls

February 15, 2013

In the aftermath of his State of the Union address this week, President Obama weighed in on the state of the patent system and patent reform. As reported by Reuters, Obama directly addressed the proliferation of patent assertion entities a/k/a non–practicing entities a/k/a patent trolls in recent comments as part of an online Q&A. In discussing the challenge to businesses posed by patent trolls, the President commented that “patent reform only went halfway to the point where we need it to go,” noting the need to balance the protection of intellectual property rights with maintaining the Internet’s “openness and the capacity for people to get out there and introduce a new idea with low barriers to entry.” 

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