Scholars Petition to Congress on Reducing Patent Litigation Cost
By Yaping Zhang – Edited by Yunnan Jiang
On March 2, 2015, 51 scholars in the field of economics and law, submitted a letter to the United States Congress, petitioning for effective reform to reduce patent litigation cost. In the letter, the scholars argue that the current patent litigation costs are too substantial and threaten research and development, venture capital investment, and entrepreneurship. The letter represents another effort to persuade Congress to take affirmative steps to curb patent troll litigation.