Obama calls for action against litigious patent-holders

02/15/2013 | Baltimore Sun, The

President Barack Obama on Thursday called on Congress to take tougher action against patent-holders who routinely sue technology companies even though the patent-holders do not actually make any products. Many companies that might have strong legal cases against the litigants -- often referred to as "trolls" -- prefer to settle rather than incur legal costs. "Our efforts at patent reform only went halfway to the point where they need to go," Obama said in an online chat session, adding that it was important to protect intellectual property rights.

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