U.S. Patent System Roadblock To Competition: Report

Law360, New York (November 29, 2006, 12:00 AM EST) -- The United States’ “overprotective patent system” has contributed to decreased competition among technology companies and has helped to stifle creativity and innovation, according to a new report.

On Tuesday, the Council on Foreign Relations released the study, entitled "Reforming the U.S. Patent System: Getting the Incentives Right," which blamed increased patent protection for a lack of new technology.

“Over the past twenty-five years, American legislators and judges have operated on the principle that stronger patent protection engenders more innovation,” the report stated. “This principle is misguided.”...
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