A PYMNTS Company

US: FTC makes its standard essential patent case in Congress

By  |  July 30, 2013
US: FTC makes its standard essential patent case in Congress

The US Federal Trade Commission came before Congress Tuesday to testify on the effects of standard-essential patents and their effect on competition within the US. FTC Chief Counsel for Intellectual Property Suzanne Munck spoke before the Senate’s antitrust subcommittee to outline the negative effects of patent trolls, which hoard essential patents and initiate lawsuits against companies that use such patents. Reports say the FTC also explained what it has done thus far to protect consumers, innovation and the standard-setting process from the so-called “patent hold-up.” Further, Munck testified on the Commission’s involvement in the case against Google and Motorola Mobility initiated by Samsung over Google’s use of Samsung’s patent and the importance of the RAND commitment to prevent the patent hold-up. US regulators have recently promoted the need to fight against patent trolls.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Imperial Valley News

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.