Rep. Zoe Lofgren Applauds Passage of Bipartisan House Bill to Curb 'Patent Trolls'
Rep. Zoe Lofgren (D-CA) released the following statement today following the passage of H.R. 3309, the Innovation Act, a bipartisan bill she is an original co-sponsor of that would curb abusive patent litigation from patent assertion entities often referred to as ‘Patent Trolls.' The bill was passed by a strong bipartisan vote of 325 to 91 in the U.S. House of Representatives today:
"We do have a problem among patent assertion entities, sometimes called patent trolls, and abusive lawsuits. It's a big issue for start-ups and entrepreneurs, and a study found more than half of these suits were against small businesses. When a meritless lawsuit is threatened, it's easy to extort a smaller payment to make it go away. That's what we're trying to deal with in this genuinely bipartisan bill, with White House support, in order to stop an unnecessary drain on innovation that could better benefit the American economy and job creation."
Earlier today Rep. Lofgren delivered a statement on the floor of the House of Representatives during debate on H.R. 3309, video of which can be seen by clicking here.
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