Tech Firms Back Obama Patent Move

Published on June 5, 2013
by Ashby Jones

Technology companies welcomed the Obama administration’s decision to wade into the debate over patent litigation, seeing a chance to stem a flood of lawsuits they say is hurting innovation.

The administration rolled out a package of executive orders and recommendations for legislation Tuesday that takes aim at patent-holding firms, or what critics derisively call “patent trolls” — companies that buy up patents solely to press for licensing deals or payouts in court.

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