A couple of weeks ago,
The measure, known as the Innovation Act, would have done a great deal to put a leash on "patent trolls." These are firms that collect patent rights largely to threaten lawsuits against established and start-up businesses and even their lowliest customers -- coffee shops that installed a supposedly infringing Wi-Fi router, for instance. Many trolls employ a hit-and-run strategy, trying to squeeze out-of-court settlements from frightened targets they have no real intention of suing.
The act had bipartisan support and endorsements from a remarkably wide spectrum of corporations. It had passed the House with majorities from both parties, and President
For all that, the Innovation Act would be only one step in a long journey to ridding the land of patent trolls. As we've reported, it's much more important to tighten up on the issuance of software patents, the trolls' raw material.
Last June, when it announced its support for elements in the Innovation Act, the Obama