SAN FRANCISCO (KCBS) — The House of Representatives was expected to vote next week on a bill dubbed “The Innovation Act”, a bipartisan piece of legislation designed to curtail abusive patent litigation by so-called patent trolls.
Now you’re probably asking what a patent troll is. Basically, it’s someone who owns a patent or seeks to purchase one or even bundles of them for the purpose of stifling innovation. At least that’s the opinion of those who support this bill.
I remember many years ago when the IBM first PC came out, someone had a patent for displaying text on a color screen. I don’t know how you could patent that because people have been doing that long before IBM.