Printed from http://www.electronista.com

White House publishes executive orders to rein in patent trolls

updated 04:34 pm EDT, Tue June 4, 2013

Legislative proposals added; order could arrive as soon as June 5

President Obama has signed a host of executive actions intended to tighten down on the rash of lawsuits from non-practicing entities, colloquially known as "patent trolls." The President's orders aim at firms that collect patents without using them in products, and use them as weapons to force primarily technology companies into expensive and time-consuming litigation.

Plans noted by a report in the Wall Street Journal include directing the US Patent and Trademark Office (USPTO) to implement new rules requiring a patent holder instigating a lawsuit to disclose the true owner of a patent, exposing shell companies for larger corporations.

In a set of legislative proposals, Congress has been asked to enact laws that will apply legal and financial sanctions on litigants who file lawsuits seen as abusive or frivolous, likely referring to standards essential patents that are required to be licensed on a fair, reasonable, and non-discriminatory (FRAND) basis.

Potentially most notably, the President is looking to revise some aspects of the US International Trade Commission (ITC). The administration is allegedly seeking to have the ITC revise legal standards for hiring its judges, and review existing procedures at the agency. The ITC currently has jurisdiction over imports of products made overseas, and can bar the import of products that are deemed to infringe on patents.

The report in the Wall Street Journal claims that the ITC process generally moves more quickly than a patent infringement court case might, but in any case, the process generally takes years to reach a conclusion. Given the rapid rate of technology advancement, many products are no longer commercially relevant after courts or the ITC have ordered embargoes. It is unknown if the pending executive order will address the pace that these hearings often take.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

  1. OldMacGeek

    Fresh-Faced Recruit

    Joined: 08-04-10

    'Bout time!

  1. Sebastien

    Registered User

    Joined: 04-29-00

    Agreed!

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Tablo DVR

With over-the-top content options growing past Hulu and Netflix, consumers may be finding it harder to justify paying a monthly fee fo ...

Sound Blaster Roar Bluetooth speaker

There could very well be a new king of the hill for Bluetooth speakers, with Sound Blaster's recent entry into the marketplace. Bringi ...

Kenu Airframe Plus

Simple, stylish and effective, the Kenu Airframe + portable car mount is the latest addition to Kenu's lineup. Released earlier this y ...

Sponsor

toggle

Most Commented

 
toggle

Popular News