Patent Law

Bailout

By Gary Odom and Jordan Kuhn

Mismanagement at the USPTO gets a thumbs up from Congress. The House went along with the Senate in passing a bill Tuesday that would let the PTO rob its trademark kitty to tide over its dwindling patent piggy bank. In a politically inspired balk (from mega-computer/software companies whining about being incessantly hammered for infringement), the patent office has been rejecting patent applications with religious fervor in recent years, grievously wounding the goose formerly known for laying golden eggs. In an ironic twist of a concept called accountability, the Congressional measure includes a surcharge to punish patent-pleading goslings. If people everywhere would all simply agree that the old ways are the best, none of this would be necessary.

Source: NationalJournal.com

Full post as published by The Patent Prospector on July 09, 2009 (boomark / email).