Major IT companies are hoping to seize the moment in an effort to restrain what they consider to be an abuse of intellectual property rights by so-called patent trolls. In a recent flurry of activity, lawmakers and the Obama administration have taken steps to support large IT companies seeking patent claim reforms. The big IT companies claim that current law overwhelmingly favors the patent trolls, also known as “Patent Assertion Entities,” and that the trolls have been getting away with highway robbery.
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IT Companies Back Federal Plans to Battle Patent Trolls
Posted by: John K. Higgins June 12, 2013 05:00 AMMajor IT companies are hoping to seize the moment in an effort to restrain what they consider to be an abuse of intellectual property rights by so-called patent trolls. In a recent flurry of activity, lawmakers and the Obama administration have taken steps to support large IT companies seeking patent claim reforms. The big IT companies claim that current law overwhelmingly favors the patent trolls, also known as “Patent Assertion Entities,” and that the trolls have been getting away with highway robbery.