New York Times (May 6)
“In recent years, the number of patent-infringement lawsuits has increased sharply, by 25 percent just in 2013.” This explosion of frivolous lawsuits has “made a mockery of the protections the government grants to inventors.” Fortunately, Congress looks poised to pass legislation that could reduce some of the worst abuses.
Tags: Abuses, Congress, Frivolous, Government, Infringement, Inventors, Lawsuits, Legislation, Patents
The New York Times (December 1, 2013)
Theoretically “patents provide an incentive for inventors to generate new products and services by giving them a temporary monopoly on their creations.” Over little more than a decade, however, patent applications have more than tripled to 576,000 in 2012 and “the Patent and Trademark Office appears to have granted many that are overly broad or vague.” The result has been frivolous lawsuits filed by patent trolls. Currently proposed legislation in Congress will help reduce the frivolous lawsuits, but it doesn’t “directly address the underlying problem of vague and overbroad patents.”
Tags: Applications, Congress, Frivolous, Inventors, Lawsuits, Legislation, Overbroad, Patent and Trademark Office, Patent trolls, Patents, Vague
