High Court Urged To Ban Injunctions On Patent Infringement

Law360, New York (June 10, 2013, 4:54 PM EDT) -- A patent watchdog group urged the U.S. Supreme Court on Wednesday to bar federal courts from issuing injunctions in patent infringement cases, calling the remedy “economically irrational” and in conflict with the fundamental objectives of patent law. 

Public Patent Foundation told the high court that patents are not traditional property that confers absolute, exclusive control to an owner, but rather “economic tools” that are issued by the government to accomplish a policy goal.

And that goal is to promote the spread of innovation, PPF said, not...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.