Many of America’s leading startup investors sent a letter urging Congress to enact broad patent reform. The letter, signed by 39 tech investors including early investors in Netflix, Twitter, Facebook, Dropbox, Palantir, and Kickstarter, and delivered by the App Developers Alliance, Engine Advocacy, and the Electronic Frontier Foundation, calls on Congress to support reforms including making it easier to efficiently review patents at the PTO and increasing demand letter transparency.
The Application Developers Alliance applauded new Congressional action to eradicate patent trolls. Representatives Darrell Issa (R-CA) and Judy Chu (D-CA) introduced a bill to provide troll victims a lower-cost alternative to litigation when challenging the validity of patents that should never have been issued.
Washington, D.C. (May 1, 2013) – The Application Developers Alliance praised Senator Charles Schumer’s (D-NY) announcement of his intention to introduce legislation addressing patent troll abuse. Schumer’s bill will expand the Covered Business Method Program, which currently covers only financial services related patents, to apply to all business method patents. The expansion would allow companies to challenge the validity of a troll’s patent in the U.S. Patent and Trademark Office (PTO) as an alternative to expensive and time-consuming litigation.