Call Your Congress Critter

The SHIELD act has been proposed to to rein in patent trolls:

Shell companies that threaten legal action over patent infringement without actually producing anything themselves could be driven out of business if the newly proposed and risibly backronymed Saving High-tech Innovators from Egregious Legal Disputes (SHIELD) Act becomes law.

In an all-too-rare display of US congressional bipartisanship, representatives Peter DeFazio (D-OR) and Jason Chaffetz (R-UT) announced the legislation, which would make the infringement accuser liable for both sides' legal fees should they lose. Universities and companies that actually produce an end-product to sue about are exempt.

"These trolls are hampering innovation, slowing companies down and locking them up in lawsuits," said Chaffetz at a press conference.

Basically, it requires the trolls to cover the other side's court costs unless they can show that their suit had a reasonable chance of success, which means that fighting the trolls becomes a lot cheaper.

BTW, much like the banking system, much of the dysfunction in the banking system goes back to the Clinton administration"

In 1994, Bill Clinton broke the long-standing and utterly sensible tradition that an actual patent lawyer should be Commissioner of the United States Patent and Trademark Office, and instead appointed Bruce Lehman, who was at the time the chief lobbyist for the Software Publishing Industry.

Under Lehman's leadership, the USPTO changed the rules to allow much broader patents to be issued, often spanning completely different technological areas. These types of patents are the troll's weapon of choice, with some so broad they could cover pretty much anything on the internet, for example. At the same time the amount of patents issued by the office began to increase.

Lehman was also one of the main authors of the widely reviled Digital Millennium Copyright Act, and helped negotiate the Trade-Related Aspects of Intellectual Property Rights trade agreement. In 2006, he was inducted into the first International IP Hall of Fame by Intellectual Asset Management (IAM) magazine.

One of the distressing characteristics of the Clinton administration was its embrace of rent seeking as an economic model, whether it be banksters or patent trolls.