Patent Trolls Prevail: Why Congress Should Reject the PREVAIL Act
The Senate Judiciary Committee has dropped the Patent Eligibility Restoration Act but is still pushing the PREVAIL Act, which could empower patent trolls. The PREVAIL Act would restrict the right to challenge bad patents, making it a boon for patent trolls. Urge Congress to reject the PREVAIL Act and protect innovation.
Hot Take:
In an epic battle of David vs. Goliath, the Senate Judiciary Committee has dropped the Patent Eligibility Restoration Act (PERA) like a hot potato, but they’re still holding on to the PREVAIL Act, which might as well be called the ‘Patent Trolls’ Best Friend Act.’ Someone needs to tell Congress that the only thing we want prevailing here is common sense!
Key Points:
- PERA has been dropped, but the PREVAIL Act is still under consideration.
- The IPR system helps invalidate bad patents and protect small businesses.
- Patent trolls thrive on invalid patents, targeting tech companies and individuals.
- PREVAIL Act limits IPR petitions, potentially benefiting patent trolls.
- Efforts are underway to urge Congress to reject the PREVAIL Act.
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