Senate Judiciary Committee Chairman Patrick J. Leahy (D-Vt.) said Monday the Senate could move patent reform legislation this week.
“During the next few days the Senate can come together and pass this legislation,” said Leahy, who added that the bill “cuts across the political spectrum.”
Leahy said the patent reform bill would help U.S. businesses compete with counterparts in China and other countries.
“Delaying is saying we want China to overcome us,” said Leahy. “Moving is saying we want to remain competitive. We should be able to complete this work easily by the middle of the week if we want.”
The bill would modernize the U.S. patent system, moving it from a first-to-file system to a first-to-invent system. That change, aimed at reducing patent litigation costs, would bring the U.S. system in line with those of almost every other country in the world.
Further reading: Patent Rights