Who Helped Kill Patent Troll Reform In the Senate
First time accepted submitter VT-802-Software (3663479) writes "A bipartisan proposal to curb patent trolls was shelved by the chairman of the Senate Judiciary Committee, Patrick Leahy (D-Vt.) Wednesday. 'Supporters of the compromise accuse trial lawyers, universities, pharmaceutical companies and biotech companies for foiling the plan at the eleventh hour. As late as Tuesday, the University of Vermont and a biotech coalition each sent letters to Leahy opposing the legislation. "We believe the measures in the legislation go far beyond what is necessary or desirable to combat abusive patent litigation, and would do serious damage to the patent system," reads one of the letters. "Many of the provisions would have the effect of treating every patent holder as a patent troll."'"
Somehow, someone failed to omit the (D) that time.
A big moment for Slashdot.
Maw! Fire up the karma burner!
Stories are circulating that Harry Reid is the one who exerted pressure on Lahey to pull the bill.
Reid is as corrupt as they come.
https://www.techdirt.com/artic...
Meh. Universities seem like part of the problem. They take public funds to pay for research and patent the results. If my tax dollars are paying for research, I want to share in the rewards rather than having the profits privatized to pay for some litigious university IP department.
Research is not the same as patents. The race to earn patents as a way of funding University research is corrupting University research by making Universities into unpaid R&D divisions for the private sector. That's a big part of the reason you don't have things like Bell Labs any more; they've been outsourced so that governments pay for a lot of the infrastructure by paying for the Unviersity.
It's not Universities that are opposed to fixing the patent system. It's the people in Universities right now who make their money by being invested in the current corrupt patent system. Universities, as they should be, would not be serving as subsidised corporate R&D and filing patents.