Software patent reform just died in the House, thanks to IBM and Microsoft

OLYMPUS DIGITAL CAMERA

Big Content and the patent troll lawyers win one. Everyone else in the world loses.

(From The Washington Post)

On Wednesday, the House Judiciary Committee is scheduled to consider legislation aimed at reining in abusive patent litigation. But one of the bill’s most important provisions, designed to make it easier to nix low-quality software patents, will be left on the cutting room floor. That provision was the victim of an aggressive lobbying campaign by patent-rich software companies such as IBM and Microsoft.

The legislation is sponsored by Rep. Bob Goodlatte (R-Va.), chairman of the House Judiciary Committee. He unveiled a new version of his bill last month, touting it as a cure for the problem of patent trolls. One provision would have expanded what’s known as the “covered business method” (CBM) program, which provides an expedited process for the Patent Office to get rid of low-quality software patents. That change would aid in the fight against patent trolls because low-quality software patents are trolls’ weapon of choice.

But the change could affect the bottom lines of companies with large software patent portfolios.

Click here for the article.