A Review Of Patent Bills In The 114th Congress

Law360, New York (June 15, 2015, 11:08 AM EDT) -- In a notably rare occurrence, President Obama, the Republican Congress and even the U.S. Supreme Court seem to agree on the need to reform the current patent system. President Obama has urged Congress to "pass a patent reform bill that allows our businesses to stay focused on innovation, not costly and needless litigation."[1] Rep. Bob Goodlatte, R-Va., has stated that "patent trolls ... file numerous patent-infringement lawsuits against American businesses with the hope of securing a quick payday."[2] And, in part, the Supreme Court has even weighed in, Justice Antonin Scalia recently warning against "the in terrorem power of patent trolls."[3]...

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