In the past, President Obama and his Administration have voiced support for reforms that would address ongoing
abuses of the patent system by patent assertion entities, otherwise known as patent trolls, which currently cost America's economy roughly $ 29 billion each year.
Meanwhile, in response to
abuse of the patent system by so - called «trolls,» the House of Representatives this week passed a bill called the Innovation Act to fix the worst abuses.
Not exact matches
However, rather than compete for market share on the merits or fulfill its statutory obligation to enable competitors to practice its invention after its
patents expired, Green Mountain has
abused its dominance in the brewer market
by coercing business partners at every level
of the K - Cup distribution
system to enter into anticompetitive agreements intended to unlawfully maintain Green Mountain's monopoly over the markets in which K - Cups are sold.
The Court conceded that its decision would increase the risk
of liability for indirect infringement claims amid public concern about perceived
abuses of the
patent system, including infringement actions
by patent - assertion entities and deceptive
patent demand letters.
CPF believes that Chairman Goodlatte's draft legislation, if enacted, would help address the
abuse of our current
patent system by patent assertion entities, commonly referred to as
patent trolls.
The undersigned organizations strongly encourage Congressional efforts to address
abuses of the legal
system by certain
patent assertion entities, commonly referred to as
patent trolls.
The McCurdy paper included in today's announcement also documents the drag on innovation and the economy constituted
by patent trolls and their
abuse of the
system.»
Our argument was supported
by many who believed that the Court should hear the case to reinstate fair standards that promote innovation and prevent
abuse of the
patent system.
«Small businesses are the economic engine
of this country and the current
system is allowing them to be targeted and
abused by patent trolls armed with poor quality
patents and a flawed path toward review and resolution.