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Senate Takes Up Controversial Patent Legislation

February 28, 2011 - by Donny Shaw

The Senate has begun debating a bill that would fundamentally alter an important area of U.S. intellectual property laws, and it's pitting small businesses and independent inventors against a broad coalition of powerful interests like drug companies, big software companies and some unions. The bill, known as the Patent Reform Act of 2011, would amend several areas of patent law, the most significant of which would be a change from the current application system that awards patents to the fist person to invent something to a new system that would award a patent to the first person to file an application.

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