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Bipartisan Bill Would Shield OEMs from Patent Trolls
Aug 3, 2012
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A bipartisan bill introduced Thursday in the U.S. House of Representatives seeks to protect high-tech OEMs from patent "trolls."

Called "Saving High-tech Innovators from Egregious Legal Disputes (SHIELD)" the new act was introduced by Rep. Peter DeFazio (D-Ore.) and Rep. Jason Chaffetz (R-Utah).

"The recent explosion of lawsuits brought by non-practicing entities, better known as 'patent trolls,' is a tax on technology and an anchor on our ability to compete internationally," said Michael Petricone, senior vice president, government and regulatory affairs, Consumer Electronics Association (CEA). "Every dollar companies spend fighting baseless lawsuits is a dollar not spent on creating jobs and developing new products."

Petricone added: "The bipartisan SHIELD Act introduced today would take a club to these patent trolls by allowing legal fees to be assessed against those bringing frivolous patent lawsuits. The SHIELD Act is an important first step in bringing patent trolls under control.

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