Report Challenges Need for Damages Reform in Patent Bill
Febraury 15, 2008 - A report called into question a major tenet of the proposed Patent Reform Act of 2008. The report, issued by the Innovation Alliance, concludes that there is no pattern of extraordinary jury damages awards for patent litigation. The report is based on a survey of over 90 patent cases for the past three years.
One of the principle arguments relied upon by proponents of the Patent Reform Act is that the current system is flawed based on the extraordinary damages awards for patent infringement. The report demonstrates that this is not the case and the current patent legislation attempts to remedy a non-existent problem.
The complete report entitled, Moving Beyond the Rhetoric: Jury Damage Verdicts in Patent Infringement Cases, 2005-2007, can be found on the Innovative Alliance website:
www.innovationalliance.org
