The States Federal Trade Commission (FTC) is putting frontward reforms to the States patent organisation reports the BBC. Both the administrators together with concern are fed upwards amongst patents beingness used anticompetitively. One occupation is that patents are granted to undeserving claims because lack of funds has led to insufficient fourth dimension beingness devoted to their examination. Influenza A virus subtype H5N1 farther occupation is the ascension of “patent trolls” (see IPKat spider web log of Th fourteen August 2003) who purchase upwards newspaper patents together with role them inwards social club to concord the manufacture to ransom, claiming that the technology covered past times their patent is beingness infringed past times the whole industry, fifty-fifty if the characteristic is really minor. In response, the FTC has had proposals on the drawing board for a twelvemonth which include a novel administrative physical care for to challenge a patent's validity without having to become to constabulary together with measures to restrict the awards of treble damages for infringement.
welcomes this approach to the problems of patent abuse. It recognises that patents tin halt live on used anticompetitively together with seeks to unopen the specific loopholes that permit this to come about spell at the same fourth dimension acknowledging that the patent organisation is fundamentally OK.
More patent abuse here
More trolls here, here, here together with here
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