President Obama yesterday
announced new efforts to curb the scourge of patent assertion entities (commonly called patent trolls) on U.S. businesses. Gary Shapiro, CEA's president and CEO,
applauded President Obama for his actions.
As part of the president's announcement, the White House
released a report [PDF] with some pretty scary findings:
During the last two years, lawsuits brought by patent trolls have risen from more than 29 percent of all infringement suits... to 62 percent, potentially threatening more than 100,000 companies in the last year alone.
Help us fight patent trolls. Find out more about the
issue. Then contact Congress by texting "TROLLS" to 52886, or visiting
this link to reach out via the Web.
Image Credit: President Barack Obama confers with Chief of Staff Denis McDonough as he talks on the phone in the Oval Office, Feb. 6, 2013. (Official White House Photo by Pete Souza)