Yet More Patent Reform
Just a heads up that there is another party hopping aboard the patent reform band wagon, as U.S. Congressmen Blake Farenthold (R-TX) and Hakeem Jeffries (D- NY) recently introduced H.R. 2639, The Patent Litigation and Innovation Act of 2013.
According to the press release issued by Congressmen Farenthold’s office:
“This legislation modernizes our patent litigation system to address the concerns facing end users across America. Through heightened pleading requirements, this bill adds transparency and legitimacy to the thousands of cease and desist letters sent out by patent trolls.
Additionally, the Patent Litigation and Innovation Act of 2013 will provide a reliable method for joining manufacturers and customers to the appropriate litigation. The current patent system amounts to legalized extortion for many companies who frequently decide to settle in order to continue investing in their business, rather than pursue potentially frivolous litigation.”
All topics we’ve spoken on before. Everyone’s got something to say on this season’s hot new – and long overdue – topic of patent reform.