Yahoo points up patent-law failure


English: United States Patent Cover from a rea...

Image @Wikipedia

By John Shinal – The patent lawsuit filed by Yahoo Inc. against Facebook Inc. is a reminder of the opportunity that was missed last year when Congress failed to pass meaningful patent-reform legislation, despite years of lobbying by the technology industry.

The watered-down patent bill that was eventually signed into law by President Barack Obama in September mostly pleased the pharmaceutical industry.

In the end, the “first-to-file” provisions in the America Invents Act tilted the playing field even further in favor of large, established players who can afford to employ armies of attorneys. If the flurry of patent lawsuits over mobile computing and wireless technology that have been filed since the bill’s passage is any indication, the legislation will end up being no more than a full-employment act for patent lawyers. more> http://is.gd/QLF6TQ

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