Calls for Patent Reform at the ACT IP & Technology Summit
CNet News reports on the ACT Intellectual Property and Technology Summit held this past weekend.
The report highlights comments from Brad Smith, General Counsel of Microsoft, and Sanjay Prasad, Chief Patent Counsel at Oracle, both calling for patent reform.
CNet News writes:
Update: More at eWeek and Wexelblat at Copyfight.
The report highlights comments from Brad Smith, General Counsel of Microsoft, and Sanjay Prasad, Chief Patent Counsel at Oracle, both calling for patent reform.
CNet News writes:
Smith's comments, directed at the dozens of congressional staffers in the audience, represented Microsoft's latest critique of a patent system that has caused it to spend $100 million a year defending itself against 35 to 40 lawsuits at any one time. . . .Prior post: ACT Intellectual Property and Technology Summit (Apr. 23, 2005).
[Prasad] said that courts have been awarding damages for infringement that are out of line with the patent's real value.
Update: More at eWeek and Wexelblat at Copyfight.
