Patent law reform bill to stop trolls could also stifle innovation, critics say

This article discusses the supporters and critics of the Innovation Act, which is a bipartisan initiative meant to curb the strength of patent trolls. The Innovation Act would “require plaintiffs to disclose the owner of a patent before a lawsuit is filed and explain why they are suing, and would require courts to determine the validity of patent cases early in the process.” The bill has gained support from tech giants such as Facebook and Google but some Republicans fear that it will limit innovation. Opponents argue, instead, that more targeted action be taken rather than sweeping measures. Patent trolls are clearly a problem but the article highlights that the patent litigation rate is dropping.

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