Cracking Down on Patent Trolls
St. Paul, MINN.- Patent assertion entities (PAEs) who deceptively target small businesses can now face legal action thanks to S.F. 1321, which passed off the Senate Floor unanimously today. The bill gives the Attorney General authority to pursue civil action against PAEs – commonly called patent trolls – who make bad faith claims against someone on a patent infringement.
It’s a consumer protection bill, said bill sponsor Senator Kari Dziedzic (DFL-Minneapolis).
“Patent trolls are sending threatening letters to small businesses, in an efforts to extort money. However, many of these entities actually hold expired patents, or never held them at all and have no claim to any infringement. This bill cracks down on bad faith claims, while also protecting innovation and valid patents,” said Sen. Dziedzic
Currently, 28 states have passed laws aimed at stopping the practices of patent trolls. The bill had the support of the many organizations including Medical Alley which represents health technology companies like 3M, Medtronic, and Ecolab.
For questions on this or any legislation, please contact Sen. Dziedzic at (651) 296-7809 or by email at email@example.com.