May 21, 2013 – The Coalition for Patent Fairness (CPF) applauds the efforts of Congressman Ted Deutch (D-Fla.) for introducing H.R. 2024, the End Anonymous Patents Act. Members of CPF believe that America’s patent system needs to be updated, and Congressman Deutch’s legislation is yet another example of the growing interest in passing common sense patent reform. This common sense legislation will bring needed transparency to the patent system.
Patent assertion entities (PAEs), commonly referred to as “patent trolls,” have operated in the shadows of the U.S. patent system for too long, profiting off the market innovation of others and lining their pockets because of loopholes in the law. Now is the time to expose these anonymous patent trolls to the light of day and restore transparency to the laws governing our patent system. This is an important step in the comprehensive approach needed to strengthen the U.S. patent system and protect the very job creators who are working hard to power America’s economic recovery.
The Coalition for Patent Fairness looks forward to working with Congressman Deutch and to continuing our work with Congress in order to improve the oversight and accountability of the U.S. patent system.
May 17, 2013 — BSA | The Software Alliance today applauded Rep. Ted Deutch (D-Fla.) for introducing the End Anonymous Patents Act (H.R. 2024) in the US House of Representatives.
“The ‘End Anonymous Patents Act’ will make the patent system more transparent and the marketplace more fluid and dynamic,” said BSA Director of Government Relations Tim Molino. “The bill would take the simple step of requiring patentees to file a notice of ownership. Increasing transparency in that way will improve technology adoption and licensing by making it easier for potential users of patented inventions to identify and connect with patent holders so they can agree on terms. BSA commends Rep. Deutch for introducing this legislation and looks forward to working with Congress to move it forward.”
- See more at: http://www.bsa.org/news-and-events/news/2013/may/en05172013endanonymous#sthash.oT0Yd6Ro.dpuf
05/17/2013 – The following statement can be attributed to Michael Petricone, senior vice president of government and regulatory affairs for the Consumer Electronics Association (CEA)®, in response to yesterday’s introduction of the End of Anonymous Patents Act (H.R. 2024) by Representative Ted Deutch (D-FL):
“Patent Assertion Entities’ (also known as PAEs or patent trolls) lawsuits have reached epidemic proportions in the technology industry. By exploiting loopholes in the law, patent trolls- who produce nothing of value penalize innovators and drive up prices for consumers.
“Patent trolls take advantage of the fact that it is often very difficult to determine who actually owns a patent. They engage in shell games, hide resources and assets and obscure who actually benefits from settlements and judgments.
“By requiring much-needed transparency through the disclosure of patent sales and clarification of ‘real-party-in-interest’ (RPI), this bill will better inform parties subject to lawsuits by patent trolls.
“We commend Rep. Deutch for introducing this bill. Combined with other measures, such as the SHIELD Act, this bill will help free innovators from the grip of those who profit from abuse of our current patent system.”