High-Tech Groups Laud Patent Report
An industry group representing the interests of major high-tech and media companies in the patent reform battle on Capitol Hill lauded a report released Monday by the Center for American Progress that called for legislative solutions to enable the patent system to promote, rather than inhibit, innovation and economic recovery. "We applaud CAP for recognizing that current patent law standards governing assessment of damages and the locations where suits may be filed are obstacles to innovation that must be reformed," the Coalition for Patent Fairness said in a statement.
Business Software Alliance President Robert Holleyman also lauded the paper, saying that he was "pleased that another important, influential organization... has joined a growing list of advocates calling for patent reform." Key critics of legislation that advanced in the House and Senate in the 110th Congress include the pharmaceutical and biotechnology industries as well as independent inventors and small firms whose business models depend largely on patent licensing. For more on the CAP report, read CongressDaily's coverage here (subscription required).
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