Congress Proposes Strategy For Fighting Patent Trolls
phantomfive writes "Congressman Charles Schumer has written a piece decrying the evils of patent trolls. 'Because of the high cost of patent litigation—the average litigation defense costs a small or midsize company $1.75 million—it is often marginally cheaper for a defendant to pay up front to make the case go away. The average settlement for the same group of companies is $1.33 million....Patent trolls cost U.S. companies $29 billion in 2011 alone.' His solution? Make it easier for low quality patents to be re-examined and rejected by the patent office."
"Make it easier for low quality patents to be re-examined and rejected by the patent office."
Who determines if a patent is "low quality"? A certain low quality congress critter?
Congressman, while generic, usually refers to members of the House. Schumer is a senator.
William of Ockham had no beard. The most likely explanation is that it was chewed off by squirrels every morning.
There is an interesting line of thought in the (thank goodness overruled) patenting of natural DNA (taken from this article):
"The isolated DNA molecules before us are not found in nature," Judge Alan D. Lourie wrote. "They are obtained in the laboratory and are man-made, the product of human ingenuity."
Sounds reasonable? Until you realize that DNA is just a chain of information blocks. Then it reads: "While these words do occur in sentences in nature, they do not appear by themselves. Therefore they are man-made, therefore patentable." Off course, once the patent has been granted, it is used to attack all other sentences that contain that word. As long as patent judges utter those patently stupid verdicts, no patent system in the world can ever do good.
Nae king! Nae laird! Nae yurrupiean pressedent! We willna be fooled again!
Can't read TFA due to paywall, but does he suggest a reason why re-examining "low quality" patents is a better approach than establishing stricter eligibility criteria and a more rigorous process to weed out "low quality" patents before they're granted?
[Sir Garlon] is the marvellest knight that is now living, for he destroyeth many good knights, for he goeth invisible.
http://www.techdirt.com/blog/innovation/articles/20130430/22152622896/chuck-schumer-to-introduce-patent-reform-bill-to-make-it-cheaper-to-fight-back-against-patent-trolls.shtml
Free Martian Whores!
Who is paying him to say this?
I'm sorry.. the last 2 years especially have left me with nothing but cynicism. Congresscritters are ALL paid spokesman. Who is paying him to say this?
I don't care if I agree or not... every one of these idiots is a shill in one way or another and regardless of party.
Submission trolls cost U.S. Slashdot readers 29 billion minutes in 2013 alone. My solution? Make it easier for low quality submissions to be re-examined and rejected by the Slashdot Firehose! : )
My first Journal Entry ever, in 8 years! http://slashdot.org/journal/365947/aphelion-scifi-fantasy-horror-poetry-webzine
Samsung?
Help I am stuck in a signature factory!
Agree it's hard to believe these days, but he actually, he seems to be one of the good guys.
He previously co-sponsored legislation to help fight bullshit "business methods" patents,
https://www.eff.org/deeplinks/2013/05/another-bill-fix-patent-troll-problem-well-part-it
And now simply wants to extend that to other areas. Text of proposed bill here.
http://thomas.loc.gov/cgi-bin/query/z?c113:S.866:
Hat tip to EPP for article.
Here's my idea: require the company to define the value of the patent (i.e. how much inventing it cost) with the patent application. And the patent application processing fee is 10% of that value. The patent owner can only sue for damages up to the patent value.
If you actually used a billion to make that invention, then 10% of that is a small price to pay for protection of the investment. If you're a troll, you need to be a troll with very deep pockets. And hopefully some part of that 10% fee can be used to properly review patent applications and establish a court that specializes in handling patent disputes so that lawsuits can be streamlined.
Won't help with already issued patents though.