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Barbara Weltman

Big Ideas for Small Business, Inc.

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Bill to end ‘patent trolling’

November 3, 2013 / By Hudson Fusion

The Innovation Act, introduced in Congress at the end of October, would work to curb abusive lawsuits filed by companies that buy up patents that aren’t used productively (merely as a way to file these lawsuits). Lawsuits by patent trolls cost $29 billion in 2011. The bi-partisan bill is supported by the National Retail Federation (NRF). Find details about the bill here.

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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