You are here

Patent Suits Eroding as Business Model

Bloomberg's Susan Decker had an interesting piece this week: firms that aggressively pursue patent litigation have found their business model to be less lucrative after the U.S. Supreme Court limited what types of software are eligible for legal protection and after the Patent and Trademark Office changed how it reviews patent disputes. Total patent lawsuits declined 23 percent in the third quarter of the year, Bloomberg reports. Adam Mossoff, a law professor at George Mason University said the changes show that Congress doesn't need to take up patent reform in 2015.