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ExtraTorrent.cc > Articles > The Innovation Act Clears House

The Innovation Act Clears House

The Innovation Act Clears House

Added: Tuesday, December 10th, 2013
Category: Recent Headlines Involving File Sharing > Ridiculous Criminal Trials
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, 2013, www.extratorrent.cc
The US House of Representatives has passed the patent troll act by a huge majority despite opposition from educational institutions that had been making money flogging patents to trolls. The bill was designed to restrain patent trolls and cleared the House of Representatives with a majority of 325 to 91.

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The legislation aimed to put an end to abuse of the patent system and make the necessary changes in order to ensure that the Act serves its purpose of protecting innovators and their inventions.

The legislation in question will make it harder for trolls to send a patent infringement letter. It also raises the stakes for filing and losing a case. Under the new law, a troll needs to list which patents and their parts are infringed and name the offending products or processes in the letter. The suggestions are that it will prevent vague letters demanding money or threatening a more expensive court case, because before sending any letter the trolls will have to do a lengthy and expensive discovery. In addition, if a plaintiff loses, they will have to cover court costs.

The Innovation Act is expected to be most effective against indiscriminate bulk filers – those send letters to both producers and consumers of technology claiming ownership of basic techniques like scanning and emailing documents. However, it probably won’t stop larger trolls looking forward to taking select cases to court. For example, Intellectual Ventures and IP Nav have expressed tentative support or mixed feelings for the new legislation, which probably means that they are able to get around it.

In the meantime, there was a huge lobby against the law by the likes of IBM, Microsoft, General Electric, Adobe and the universities, as those are known for making money though their huge patent portfolios.

Still, it seems that today people are more obsessed with patents rather than about inventing things. Apparently, the current system encourages them to be secretive and avoid publication of information before the “technology transfer office” has been able to file as many patents as it can. The industry experts confirm that only a few American universities will benefit from the current system, while most will lose cash on it.

By:
SaM
December 10th,2013

Posted by: 
SaM

Date:  Tuesday, December 10th, 2013



Comments (3) (please add your comment »)

1
posted by (2013-12-10 13:32:50)
tobeannounced avatarthat's well and good, but what about the workn man that came up with the idea and built it and the company he works for steals the patent from him and claim it is theirs as he works for them so it's theirs!

2
posted by ET junkieET loverSupermanmen (2013-12-10 20:12:41)
sn3h1t87 avatarSeems that Google was a big supporter of this bill which only makes sense as they've stolen every idea they've ever had from other companies.

3
posted by Turtle (2013-12-11 02:08:59)
Warwicked avatarChange is the only constant.



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