1.
What role do patent trolls play in the U.S.?
Last week, the U.S. House passed an important Bill to bring the Innovation Act into the Statute Book by the end of 2013. It will be an important landmark in U.S. legal history because it aims to discourage patent trolls who start unjustified legal procedures to gain financially from somebody else’s innovation.
Although no industry is spared from the threat of the patent trolls, the software industry is particularly at risk because there is plenty of scope for filing a lawsuit in the case of new software. This is because software patents are often unclear, specifying descriptions of what the software does rather than particular lines of code.
The existing law to protect innovators is the America Invents Act of 2011. However, it has failed miserably. On the other hand, the new Innovation Act Bill requires the petitioner to provide more information about the patent and the identity of the patent holder. The Act also requires courts to award fees to the winner, which suggests that the loser will have to bear the legal expenses.
Patent reforms have taken a long time coming. Hopefully, the new proposals in the Innovation Act will discourage patent trolls who have played havoc with the existing legal system.
What role do patent trolls play in the U.S.?
Which industry is particularly under threat from patent trolls?
The Innovation Act Bill requires the petitioner to
No industry is spared from the threat of the patent trolls.
In this sentence, what would be another word for spared?
Patent reforms have taken a long time coming.
In this sentence, what does the phrase taken along time coming mean?
Based on the information in the article, what is the likelihood of the Innovation Act being more successful than the existing law?
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