SHIELD Act: Legislation Hopes to Discourage Patent Trolls

Representatives Peter DeFazio (D-Oregon) and Jason Chaffetz (R-Utah) want to put an end to America’s patent troll problem with the newly introduced SHIELD Act, which aims to define patent trolls and distinguish them from honest patent holders. In an effort to discourage those who do nothing more than file patent lawsuits, the bill would create a “loser pays” system for specific types of patent litigants. Continue reading SHIELD Act: Legislation Hopes to Discourage Patent Trolls