Since December 2013, Patent Trolls Have Drained
From the Economy
Patent assertion entities (PAEs), better known as “patent trolls,” do not create products - yet they're able to drain $1.5 billion a week from the U.S. economy by suing or threatening entrepreneurs and innovators. Big or small, no one is safe from patent trolls.
The Innovation Act and the PATENT ACT are bipartisan bills in the House and Senate to hold patent extortionists accountable for their frivolous lawsuits and baseless threats. Don't let the trolls celebrate another year of extorting $80 billion from hard working Americans. Urge your members of Congress to co-sponsor patent litigation reform to protect entrepreneurs from patent trolls!
In January, CEA’s SVP of Government and Regulatory Affairs Michael Petricone discussed patent trolls on Sydney, Australia’s 2SER Radio. To listen to the full segment, click here.
Read president and CEO of CEA Gary Shapiro’s most recent op-ed on patent trolls, Why the Senate’s Pro-Business Agenda Should Club Patent Trolls.