patent infringement
The surprising way Trump can unleash America's economic comeback
In his address to a joint session of Congress, the president predicted that "our country is on the verge of a comeback the likes of which the world has never witnessed." That prediction is backed up by his recent announcements of massive new private sector investments in AI infrastructure and new executive orders to ensure that the U.S. leads the world in the industries of the future. In order to fulfill the promise that those actions suggest, however, it's essential that President Donald Trump support steps to shore up America's intellectual property system, the cornerstone of our innovation economy, rooting out malicious foreign interests and installing new leadership to help guide the comeback. To start, we need to address the fact that legal damages for patent infringement are no longer calculated reliably. U.S. courts have strayed from commonsense assessments to the detriment of American innovation.
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iRobot and Black & Decker settle over alleged patent infringement
In April, it named a number of companies including Black & Decker, Bissell, iLife and Hoover in a complaint filed to the US International Trade Commission wherein it asked the commission to investigate their supposed patent violations and ban any products that it finds to incorporate any infringed upon intellectual property. Now, however, iRobot says it has reached an agreement with Black & Decker. Most of the settlement's contents are confidential, but iRobot says that Black & Decker has agreed to stop selling its robotic vacuums for a certain period of time once it works through its current inventory. In return, iRobot has removed its competitor from the pending US International Trade Commission investigation and US District Court of Massachusetts case. "This settlement represents another successful milestone in the enforcement effort iRobot initiated earlier this year," Glen Weinstein, chief legal officer at iRobot, said in a statement.
- Law > Intellectual Property & Technology Law (1.00)
- Government > Commerce (1.00)