i2Coalition Disappointed Patent Reform Removed from Senate Agenda
The i2Coalition is deeply disappointed that patent reform legislation has been removed from the Senate Judiciary Committee agenda. Patent trolls are a real and increasingly growing problem for innovators in the United States, costing companies $29 billion in resources and revenue in 2011 alone. The lack of action by the Senate will only embolden trolls to continue to go after businesses – small, medium and large – and continue to stifle innovation. We urge the Senate to follow the overwhelming and bipartisan reform effort in the House and take action, and continue to support the bipartisan efforts of Senator Schumer and Senator Cornyn to combat patent trolls and bring about much needed patent reform.