Law360, New York (April 09, 2012, 1:28 PM ET) -- Who is John Galt? Like a chapter out of Ayn Rand’s "Atlas Shrugged," California lawmakers are proposing nonsensical legislation that would effectively eliminate design patent protection for the U.S. automotive industry.
Earlier this year, Reps. Darrell Issa, R-Calif., and Zoe Lofgren, D-Calif., of the U.S. House Judiciary Committee reintroduced legislation that would drastically reduce the term for design patent protection from 14 years to a mere 30 months for automotive repair parts. The PARTS bill purports to “preserve consumer choice, reduce insurer and driver costs and...
Stifling Innovation In The US Auto Industry
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