Two U.S. Congressmen are once again taking on so-called “patent trolls” with the reintroduction of the SHIELD Act, a bill that would force non-practicing entities (NPEs) that sue for patent infringement to pay the defendant’s legal costs if they lose their lawsuit.
The resurrection of their bipartisan bill, first introduced last August, comes at a time when entrepreneurs and businesses have become increasingly vocal about the need for further patent reform. The final phase of the America Invents Act, a law that enacts the biggest changes in U.S. patent law in 60 years, will take effect on March 16 after years of negotiation and debate. But even President Barack Obama recently acknowledged that U.S. patent reform needs to go farther.
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