Klobuchar worked extensively to shape a compromise bill that balances the need to protect businesses from abusive lawsuits while protecting enforcement of legitimate patents
Patent abuses cost the U.S. economy billions of dollars every year; Legislation would make necessary and commonsense reforms to restore integrity to the U.S. patent system
WASHINGTON, DC—U.S. Senator Amy Klobuchar (D-MN) and a bipartisan group of senators today led a successful effort to pass a bill through the Senate Judiciary Committee to end patent abuses. Klobuchar, who is an original cosponsor of the legislation, worked extensively with a range of Minnesota companies large and small to shape a compromise bill that balances the need to protect businesses from abusive lawsuits while protecting enforcement of legitimate patents. Patent abuses cost the U.S. economy billions of dollars every year, and this legislation would make necessary and commonsense reforms to restore integrity to the U.S. patent system. Original cosponsors include Senators Chuck Grassley (R-IA), Patrick Leahy (D-VT), Amy Klobuchar (D-MN), John Cornyn (R-TX), Chuck Schumer (D-NY), Mike Lee (R-UT), and Orrin Hatch (R-UT).
“Today’s action in the Judiciary Committee demonstrates a bipartisan commitment to cracking down on the patent trolls that stifle innovation and cost our nation millions,” Klobuchar said. “Minnesota has one of the highest rates of patents per capita in the nation, and this legislation also makes important improvements to the patent review process so that legitimate patent holders can better protect their patent rights, which are vital to innovation and competition.”
The bipartisan bill takes concrete steps to stop abusive patent litigation practices and prevent bad actors from further undermining the system that has made the United States one of the most dynamic and innovative countries in the world.
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