The House passed the Innovation Act today in an effort to thwart patent trolls and their preying. However many advocates for patent reform are saying it still falls short, and doesn’t properly consider the consequences to small businesses.
Adobe, IBM, Microsoft, Qualcomm, and others succeeded in preventing expansion of the “Covered Business Method” (CBM) program, which gives companies more opportunities to defend themselves against trolling and cuts down on the number of low-quality patents.
The Innovation Act, sponsored by Rep. Bob Goodlatte (R-Va.) is a comprehensive bill aimed at neutralizing patent trolls. And it just might pass.