CEA Joining United for Patent Reform Coalition
CEA will join the United for Patent Reform coalition, the group that the National Retail Federation and others launched in January to promote enactment of patent reform legislation, CEA said Wednesday. President Gary Shapiro said in a statement: “A tsunami…
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of bogus patent claims is killing jobs and innovation, while costing the U.S. economy $1.5 billion a week. Republicans, Democrats and the White House all agree that the patent extortion racket must be stopped. Congress must expeditiously pass the Innovation Act to hold patent trolls accountable for their frivolous lawsuits and baseless threats.” Though CEA has made patent reform one of its highest legislative priorities, it stopped short in January of committing to joining the coalition, saying only it was “considering how we can be most helpful” (see 1501200025). Coalition members from the tech industry include Adobe, Amazon, Cisco, Dell, Facebook, Google, Oracle and Verizon. The coalition's website says membership spans a wide diversity of companies and trade groups from many industries.