Several more industry groups backed the push for...
Several more industry groups backed the push for patent reform in statements Thursday, following a GAO report on the issue of patent assertion entities (CD Aug 23 p9). The Coalition for Patent Fairness said it wants Congress to “dry up…
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the financial incentives that have allowed patent trolls to thrive and multiply; end costly and abusive discovery fishing expeditions; and increase transparency, so patent trolls can’t hide behind shell companies and non-operating corporations to avoid accountability” (http://bit.ly/16DENyX). BSA The Software Alliance said “efforts to improve the patent system, as the GAO Report correctly concludes, should focus on increasing patent quality across the board.” BSA Government Affairs Director Tim Molino also said in a statement (http://bit.ly/16DEXq1): “BSA also supports legislative initiatives aimed at directly addressing imbalances in the economic incentives for non-practicing entities and their targets. Those asymmetries create the conditions for quick, profitable and sometimes unwarranted settlements.”