Patent Owners Blast Senate Anti-Troll Bill

Law360, New York (March 5, 2014, 8:41 PM EST) -- A group representing patent owners sent a letter to the U.S. Senate Committee on Commerce, Science and Transportation on Tuesday decrying a bill that seeks to crack down on so-called patent trolls, saying the legislation will "do far more harm than good."

The Innovation Alliance said that while sponsors of the Transparency in Assertion of Patents Act, S.2049, which was introduced last week, claim that it only targets abusive patent litigation, it would actually impose vast new burdens on all patent owners. The bill "creates a...
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