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VSCPA Writes Letter in Support of PATENT Act

 

The VSCPA has sent a letter to Sen. Mark Warner (D-Va.) requesting his support for the Protecting American Talent and Entrepreneurship (PATENT) Act of 2015.

The bill is the latest to attempt to tackle the “patent troll” issue, in which so-called patent assertion entities use old patents to threaten businesses with lawsuits for using products.

The VSCPA wrote: “Companies in Virginia are looking to expand, but their growth is threatened by the actions of those that take advantage of loopholes in the patent litigation system to profit off of others. If we want to commit to creating new jobs and growing our economy, we must crack down on these harmful and illegitimate threats from patent assertion entities. “

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