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US moves to reform patent laws

By Patti Waldmeir in Washington

Published: September 7 2007 23:37 | Last updated: September 7 2007 23:37

Big US technology companies won an important patent reform victory on Friday when the House of Representatives passed a bipartisan bill that would bring sweeping changes to the way America rewards innovation.

The bill, which could significantly shift the balance of power between US patent holders and their rivals, must still pass in the Senate, and its prospects of becoming law remain uncertain. But opponents and proponents alike say on Friday’s vote was a milestone, bringing years of congressional debate over patent reform to a climax.

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