Monday, December 09, 2013

House Passes Innovation Act To Squash Patent Trolls

The House of Representatives voted 325-91 on Dec. 5 in favor of the Innovation Act, which will limit activities of non-practicing entities (NPEs) that stockpile patents in order to file frivolous lawsuits looking to extort grievous settlements from hapless users.

Direct mail and marketing tech companies have been frequent victims of these NPEs, reports Direct Marketing News. Click HERE for more details.

This has been a pet peeve of mine since the 1990s, and I'm delighted to see this legislation pass the House. Now on to the Senate!

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