DOJ, FTC, Patent Office take on reform of patent process
Federal regulators will hold a workshop May 26 to tackle the frustrating backlog of patents waiting for approval.
The Justice Department, Federal Trade Commission and U.S. Patent and Trade Office will jointly hold the all-day workshop to explore how the patent process affects competition in the high-tech and other sectors. Silicon Valley firms have argued for patent reforms that would speed up the application process to help protect their businesses in the fast-moving sector.
"Timely, high-quality patents promote investment in innovation," the agencies said in a release Monday. "By contrast, delay, uncertainty and poor patent quality can create barriers to innovation. The workshop will address ways in which careful calibration and balancing of patent policy and competition policy can best promote incentives to innovate."
Speakers will include:
-- David Kappos, under secretary of commerce for intellectual property and director of the U.S. Patent and Trademark Office;
-- Christine Varney, assistant attorney general in the Justice Department's antitrust division;
-- Aneesh Chopra, U.S. chief technology officer in the Executive Office of the President; and
-- FTC Commissioner Edith Ramirez.
The workshop will be at the USPTO’s campus in Alexandria.
May 10, 2010; 10:56 AM ET
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Posted by: cluedin | May 10, 2010 3:27 PM | Report abuse
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