CEA Backs Patent Reform Legislation
The Consumer Electronics Association Friday praised the introduction of a new bill in Congress which will combat "patent trolls." The End Anonymous Patents Act was introduced this week by Rep. Ted Deutch, a Democrat from Florida.
“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," CEA's senior vice president of government and regulatory affairs, Michael Petricone, said in a statement.
“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."