It is a tale that has been told countless times before — a problem is “solved” by over-expansive government action and regulation, but myriad other problems are created. We saw it with the health care system and the resulting Obamacare fiasco, and with the Dodd-Frank Act, which overhauled the financial sector in ways not seen since the Great Depression. And now we are seeing the trend continue with patent legislation.
Neither the Innovation Act in the House of Representatives nor the PATENT Act in the Senate is a reasonable solution to frivolous patent lawsuits. The force and scope of the bills are far greater than the need.
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