The following statement can be attributed to Chris Mohr, President, Software & Information Industry Association:
For too many years, abusive patent litigation brought by non-practicing entities or ‘patent trolls’ has hurt the U.S. economy by raising costs on consumers, driving small and medium sized enterprises out of business, and depressing innovation in the information and technology industries. It is estimated that more than 80% of all patent suits are brought by patent trolls, often funded by undisclosed third-party beneficiaries. We applaud Chairman Issa and Representative Fitzgerald for seeking to bring pressure to bear on this shadowy industry through the Litigation Transparency Act of 2024. We encourage Congress to join in supporting this legislation.
