Innovation Alliance Statement on Close of Comment Period on Biden Administration’s Draft Policy Statement on Standard-Essential Patents
WASHINGTON, D.C. – Innovation Alliance Executive Director Brian Pomper today issued the following statement on the close of the comment period on the Biden Administration’s draft policy statement on standard-essential patents (SEPs):
“The Administration’s proposed policy statement on standard-essential patents has generated an outpouring of opposition from national security experts, current and former government leaders of both parties, academics, inventors and entrepreneurs. At a time when we need to be laser focused on competing with China, this policy will threaten national security by undermining a critical incentive for U.S. companies to conduct innovative R&D in areas like AI, 5G, and quantum computing, ceding global technological leadership in these key areas to China. Those pushing hardest for this change are the Big Tech companies seeking to maintain their market dominance by squashing competition from smaller inventors and entrepreneurial businesses. But it is China and China’s tech manufacturers that will benefit the most.”
Read the Innovation Alliance’s full comment letter on the Administration’s proposal here.
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ABOUT THE INNOVATION ALLIANCE
The Innovation Alliance represents innovators, patent owners and stakeholders from a diverse range of industries that believe in the critical importance of maintaining a strong patent system that supports innovative enterprises of all sizes. Innovation Alliance members can be found in large and small communities across the country, helping to fuel the innovation pipeline and drive the 21st century economy. Learn more at www.innovationalliance.net.