US patent reform legislation ‘long overdue’ but ‘needs balance’, says Eversheds
Firms in the US have criticised patent reform legislation that is strongly supported by tech companies and designed to make it more difficult for patent trolls to launch ‘frivolous’ lawsuits. Eversheds’ Simon Crossley has commented on the legislation, saying that it is long overdue but needs balance.
Crossley, who is head of intellectual property at Eversheds, said: ‘There is a genuine global corporate concern that the US patent system is becoming increasingly complex and allows a friendly home to so-called patent troll activity. US patent reform to address this is overdue, but as the reports coming out of Silicon Valley indicate, there is a judgment call to make between those businesses that see patents as vital to innovation and those that have been plagued by troll suits.’
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