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Appeared on: Tuesday, June 04, 2013
The White House Takes Aim at Patent Trolls

The White House today announced that it was actively taking on the patent troll problem. Besides seven legislative proposals the White House recommended, there are five executive actions the U.S. President intends to take with or without congressional help.

The patent reform is aimed at cracking down on companies that make money by suing other firms over patents, especially in the tech sector.

The Administration recommends that the U.S. Congress pursue at least seven legislative measures that would have immediate effect on some major problems innovators face:

President Obama also announced a number of steps taken to help bring about greater transparency to the patent system. Those steps include:

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