White House Signals Opposition To Patent Bill
From Friday morning's Technology Daily AM Edition:
The White House on Thursday announced its opposition to House legislation that would revamp the nation's overburdened patent system on the grounds that it would dramatically overhaul the procedure for calculating damages in infringement cases. CongressDaily reports that the Bush administration said the bill would limit a court's discretion in determining damages in infringement cases.
"Making this change to a reasonably well-functioning patent legal system is unwarranted and risks reducing the rewards from innovation -- a result that would undercut the other useful reforms in this bill," according to the statement of administration policy.
House floor debate begins shortly. More details should be available in Technology Daily's PM Edition.
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