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Thu, Jun 04
Congress seeks to quash patent trolls
Predatory ‘patent trolls’ could soon find it harder to operate in the United States. Legislation to curb frivolous patent lawsuits has regained momentum after lawmakers in the US Senate added a provision to stop university patent holders from being penalized along with the trolls.
The process is moving quickly. The Senate Judiciary Committee plans to vote on the bill by the end of the month, readying it for a final Senate vote this summer, and the House of Representatives’ Judiciary Committee is likely to vote this week on a similar measure. That gives observers optimism that Congress will finally enact patent-troll legislation after a failed effort last year. “The Senate version really does seem to be hitting some sort of sweet spot,” says Arti Rai, co-director of the Duke Law Center for Innovation Policy in Durham, North Carolina.