Tentative Agreement On US Patent Reform, Says Senator 25/02/2010 by Intellectual Property Watch 3 Comments Share this:Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Facebook (Opens in new window)Click to email this to a friend (Opens in new window)Click to print (Opens in new window)Senate Judiciary Committee Chairman Patrick Leahy (Democrat, Vermont) today announced at an “executive business meeting” that a “tentative agreement” had been reached on patent reform legislation. The original intent of the reform, Leahy said, was to “improve patent quality” and “address runaway damage awards that were harming innovation.” He added, “we are close to a compromise that will address these issues.” The webcast of his speech is available here. More details are scheduled to be released over the next few days. Share this:Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Facebook (Opens in new window)Click to email this to a friend (Opens in new window)Click to print (Opens in new window) Related "Tentative Agreement On US Patent Reform, Says Senator" by Intellectual Property Watch is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Mike says 25/02/2010 at 11:11 pm How do “runaway damage awards” (what ever those ar) “harm innovation”? I’ve never seen this explained. It seems the opposite, high damage awards provide a direct incentive for innovation. Is it any wonder why congressional approval rating is what it is. Our representatives don’t respect us enough to even bother coming up with a believable explanation why they are tilting the playing field to help those that give them money. Reply
Ari says 26/02/2010 at 2:36 pm If its all about the money (and I think it mostly is) why is it that pharmaceuticals, bio-techs, giant industry/chemical corporations, universities/NPE’s and unions (all of which strongly appose this legislation) with their vast financial/political resources wont just outbid the high-tech’s lobby machine and cripple this self destructive legislation yet again? Reply
staff says 28/02/2010 at 5:39 am “The original intent of the reform, Leahy said, was to “improve patent quality” and “address runaway damage awards that were harming innovation.” In a pig’s eye. Rather, the intent of these large firms is not to fix the patent system, but to destroy it or pervert it so only they may obtain and defend patents; to make it a sport of kings. Patent reform is a fraud on America. It is patently un-American. Please see http://truereform.piausa.org/ for a different/opposing view on patent reform. Reply