Tag: Intellectual Property

Litigation has become an ever-growing part of the innovation game, and Congress is preparing to crack down on patent trolls with a bipartisan bill proposing the Saving High-Tech Innovators from Egregious Legal Disputes, or SHIELD, Act.  The bill proposes that trolls be forced to pay the legal costs if their patent lawsuits fail in court.  The bill already has some friends in high places, including President Obama and the new chair of the House Judiciary Committee.  If the SHIELD Act becomes law, the States could become a much more peaceful place for technological incubation, without fear of frivilous litigation.