Obama Cracks Down on ‘Patent Trolls’

Tuesday, 04 June 2013 | by Pat's Picks

President Obama is cracking down on “patent trolls,” reports the Wall Street Journal this morning. Among the executive actions the White House is scheduled to unveil today, the Patent and Trademark Office will be given the authority to demand that applicants disclose the owner of a patent. The president will also ask Congress to pass legislation making it possible for prosecutors to go after companies who file lawsuits “deemed abusive by courts.”

SOURCE: Wall Street Journal