CTA Applauds House Judiciary Subcommittee Hearing and Calls on Congress to Pass Patent Reform

ARLINGTON, Va.--()--The following statement is attributed to Gary Shapiro, president and CEO, Consumer Technology Association (CTA), regarding the House Judiciary Courts, Intellectual Property and the Internet Subcommittee hearing “Examining the Supreme Court's TC Heartland decision”:

"Every day, American small businesses are attacked by patent abusers who threaten job creation and innovation. We thank Chairman Bob Goodlatte (R-VA) and Ranking Member Jerrold Nadler (D-NY) for their commitment to making our patent system the best in the world and cracking down on bad actors who treat it as a cheap extortion scheme. The U.S. Supreme Court’s Heartland decision was a victory, but now more than ever we need Congress to take legislative action to close the additional loopholes exploited by patent trolls. Every week that patent trolling continues, another $1.5 billion is drained from our economy, and entrepreneurs are forced to waste time fighting frivolous extortion attempts instead of creating jobs.”

About Consumer Technology Association:

Consumer Technology Association (CTA)TM is the trade association representing the $292 billion U.S. consumer technology industry, which supports more than 15 million U.S. jobs. More than 2,200 companies – 80 percent are small businesses and startups; others are among the world’s best known brands – enjoy the benefits of CTA membership including policy advocacy, market research, technical education, industry promotion, standards development and the fostering of business and strategic relationships. CTA also owns and produces CES® – the world’s gathering place for all who thrive on the business of consumer technologies. Profits from CES are reinvested into CTA’s industry services.

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Contacts

Consumer Technology Association (CTA)
Bronwyn Flores, 703-907-7679
bflores@CTA.tech
or
Izzy Santa, 703-907-4308
isanta@CTA.tech
www.CTA.tech

Contacts

Consumer Technology Association (CTA)
Bronwyn Flores, 703-907-7679
bflores@CTA.tech
or
Izzy Santa, 703-907-4308
isanta@CTA.tech
www.CTA.tech