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Wednesday, Jun 5
The White House officially unveils 5 executive actions and 7 legislative proposals aimed at...
The White House officially unveils 5 executive actions and 7 legislative proposals aimed at patent trolls. In addition to previously-reported items (I, II), the White House plans to review ITC procedures for setting import bans, and recommends giving businesses "better legal protection" for using products targeted by suits. Though many tech companies applaud the move, Microsoft (MSFT) is worried it "targets software innovations more broadly." Quartz isn't impressed, arguing (among other things) the action doesn't touch existing patents, and that the USPTO remains understaffed. Potentially affected companies: ACTG, WILN, VRNG, VHC, RPXC.