Monday, April 27, 2015

Rebuttal of John Oliver on patents

A few days back John Oliver's segment on Patents was being reported all across the web. Michael Gulliford of Soryn IP Group, a patent advisory company has written a rebuttal.

"Indeed, if Mr. Oliver wanted to tell the real story of today’s patent world, he would have had plenty of good material. Instead of relying on litigation statistics from 2012, for instance, he could have explained how current patent reform, in making it so much easier and significantly cheaper for defendants to win patent cases, has already caused litigation filings to drop markedly in 2014. After all, no one likes losing money, least of all NPEs.

"At the end of Mr. Oliver’s admittedly humorous diatribe, we learn his real motivation: passage of the Innovation Act (HR 9) — the patent reform bill currently pending in the House that would no doubt benefit Mr. Oliver’s employers.

"But even here, Mr. Oliver strongly misses the mark. It is not trial lawyers who are blocking the Innovation Act, as Mr. Oliver claims. Rather, it is a large swath of the technology community — from universities, to technology companies, to small businesses, to professors, and even venture capitalists — who understand that many innovators are now at a breaking point when it comes to patent rights and that the potential for further unintended consequences via additional reform is just too great."

No comments: