House Committee Approves Patent Troll Fix
On Nov. 20, the House Judiciary Committee passed H.R. 3309, legislation to deal with the growing problem posed by “patent trolls” bringing frivolous patent infringement litigation. Recently, REALTORS® have been impacted by patent trolls seeking licensing fees for use of common business technologies including scanner-copiers and website search alerts. The legislation includes a package of proposed fixes that is intended to limit patent licensing demands to legitimate claims of patent infringement.
NAR supports HR 3309 as well as a group of companion bills in the Senate.