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.
Full Content: Imperial Valley News
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