It’s cheaper to steal smaller firms’ technologies — but the consequences are much larger.
Now, however, Congress is pushing forward a bill that would effectively overturn the USPTO’s efforts to balance the patent system. Introduced by Senators Patrick Leahy , John Cornyn , and Thom Tillis , it’s called theBut far from improving the legal landscape for small inventors, it will render patent owners powerless to fend off duplicative petitions at the hands of Big Tech.
The sponsors of the bill claim that it will stop Big Tech’s weaponization of the PTAB, but that couldn’t be a more inaccurate representation. Instead, if passed as currently drafted, it would strip away the very protections that were put in place to level the playing field for small inventors, such as the PTAB’s ability to decline legal challenges when a patent is already being contested in court on the same grounds, or the courts have already upheld the patent’s validity.
If they succeed in weakening America’s intellectual property system, it could be devastating for thousands of small, innovative startups — with disastrous consequences for the economy as a whole.It would be a mistake for lawmakers to abet Big Tech’s efforts to weaken the U.S. system of intellectual property protections. It would make our economy less vibrant and competitive.
Without confidence in the enforceability of patents, there would be very little reason to take these chances. And the result would be a much less dynamic, innovative, and prosperous economy.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Self-driving tech outfit TuSimple faces probe after one of its big rigs collides with guardrailThe San Diego company blames human error for the mishap and is cooperating with federal safety regulators
Weiterlesen »
Microstrategy Outperforms Every Asset Class and Big Tech Stock Since Adopting Bitcoin Strategy, Says CEO – Featured Bitcoin News'Since Microstrategy adopted a bitcoin strategy, its enterprise value is up +730% (+$5 billion),' said the CEO. crypto cryptocurrency $BTC $MSTR
Weiterlesen »
Samsung will let you fix your own phone, if you dareSamsung said this week that customers who want to try their hands at fixing gadgets can now buy genuine smartphone and tablets parts from repair resource website iFixit, as well as from Samsung’s Experience stores across the country.
Weiterlesen »
Biden’s Anti-Big Tech Adviser Has Been Living the DreamPlus: The government’s plan for Microsoft, the limits of health care disruption, and a regular irregular event.
Weiterlesen »
Walters: California taxpayers will subsidize new A’s ballparkThe $279.5 million may not technically be a gift of public funds to a private developer, but it certainly smells like one.
Weiterlesen »
Lawsuit aims to void vote allowing A's Howard Terminal project to move forwardTruckers, longshore workers and others opposed to a billion-dollar Oakland A's ballpark planned at the Charles P. Howard Terminal in Oakland have filed a lawsuit against a little-known Bay Area commission over its decision to allow the A's to build at the terminal pending other regulatory approvals.
Weiterlesen »