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TECH GIANTS, BANKS WIN ON PATENT REFORM
Posted on Sunday, September 09, 2007 @ 22:35:54 EDT by vlad

Legal (AP) -- Technology and financial services firms won a key patent reform victory Friday when the House approved legislation the industries have pushed for years by a vote of 220-175.


...The legislation would limit damage awards for patent infringement and grant patents to the first inventor to file an application, a switch from current law in which the patent goes to the first person to develop the innovation.

The bill also increase information available to patent examiners and creates a post-approval patent re-evaluation process...

Full story at http://www.physorg.com/news108448868.html


See also: House Approves Comprehensive Patent Overhaul
                Bill Aims to Reduce Infringement Cases

By Catherine Rampell
Washington Post Staff Writer
Saturday, September 8, 2007; Page D01

The House yesterday passed the most comprehensive patent reform in half a century, delivering a victory for computer technology and financial services companies and leaving drug companies, small inventors, and the U.S. Patent and Trademark Office bracing for a bigger fight before the bill hits the Senate floor...

Full story: http://www.washingtonpost.com/wp-dyn/content/article/2007/09/07/AR2007090702558.html

 
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