Taking on Patent Dispute Problems

This morning The Wall Street Journal ran an article that talked about a set of executive actions announced by President Obama that are designed to rein in patent trolls and other firms. The concern is that these companies are not only abusing the patent system, but stifling competition.

The  is not surprising, given that the number of patent infringement actions filed in 2011 reached 4,015, the highest number ever recorded, and a 22% jump from the previous year, according to a study by PricewaterhouseCoopers. The sharp increase in cases per firm is due in part to the reforms that took effect under the America Invents Act. The new law changed the joinder rule for patent cases and now restricts plaintiffs from naming numerous unconnected defendants in a single suit....324 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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