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CEA Says STRONG Patents Act Should be More Robust

Arlington, VA – March 3, 2015 – 
The following statement is attributed to Gary Shapiro, president and CEO, Consumer Electronics Association (CEA)®, in response to the introduction of the Support Technology and Research for Our Nation’s Growth (STRONG) Patents Act by Sen. Chris Coons (D-Del.):
 
“We welcome all attempts to address patent abuse, and this bill has a few modest provisions aimed at improving our patent system. At the same time, halting the epidemic of bogus patent lawsuits will require a more robust and multifaceted approach, including fee-shifting, similar to that taken by the Innovation Act. The STRONG Patents Act appears less like real patent reform and more like a patent troll-led effort to draft a ‘fig leaf’ bill for senators to sign on to so they can pretend they are supporting patent reform, while shielding the legalized extortion of the patent trolls.
 
“By the end of this month, patent trolls will have drained $100 billion from the U.S. economy since the House overwhelmingly passed a patent reform bill in December 2013. It’s time for the House and Senate to move aggressively against those who abuse our patent system to kill jobs, startups and investment."

About the Consumer Technology Assocation

The Consumer Electronics Association (CEA) is the technology trade association representing the $223 billion U.S. consumer electronics industry. More than 2,000 companies enjoy the benefits of CEA membership, including legislative and regulatory advocacy, market research, technical training and education, industry promotion, standards development and the fostering of business and strategic relationships. CEA also owns and produces the International CES – The Global Stage for Innovation. All profits from CES are reinvested into CEA’s industry services. Find CEA online at www.CE.org, www.DeclareInnovation.com and through social media.

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