House Passes Important Legislation to End Patent Troll Abuses

Date:  Thu, 2013-12-05

The U.S. House of Representatives passed the Innovation Act by a vote of 325-91 today marking the first legislative milestone in ending the extortionary practices of patent trolls. M·CAM worked with Judiciary Committee Chairman Bob Goodlatte, R-VA to draft language which helps bring transparency into the patent ownership and real-party-in-interest regime. While this bill does not address all of the abuses that have been largely ignored by the U.S. Department of Justice Anti-Trust Division, it is the first and important step in ending the patent licensing racket perpetrated by non-practicing entities.