The White House offered support for legislation introduced Thursday aimed at limiting the ability of companies holding patents from suing for the purpose of "litigation extortion." Rep. Bob Goodlatte, R-Va., chairman of the House Judiciary Committee, defended his proposal from critics both who favor and oppose patent reform efforts. "Abusive patent litigation is a drag on our economy. Everyone from independent inventors, to start-ups, to mid- and large-sized businesses face this constant threat," Goodlatte said.

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