engine - 8:54 am on Jun 4, 2013 (gmt 0)
The Obama administration will reportedly announce a set of executive actions on Tuesday aimed at reigning in patent trolls amid concerns they are abusing the current system and squelching competition.
President Obama will instruct the U.S. Patent and Trademark Office to initiate a rule-making process that would require patent holders to disclose the owner of a patent, senior Obama administration officials told The Wall Street Journal. He will reportedly announce five executive actions and seven proposed legislative changes, including asking Congress for legislation that would sanction litigants who file lawsuits deemed abusive by the courts. U.S.: Obama To Reign In Patent Trolls [news.cnet.com]