Twitter's Pledge Changes Tone On Patent Litigation
Professor Mark Lemley was quoted in the following article by Benny Evangelista of the San Francisco Chronicle on Twitter's innovative agreement to avoid patent trolling.
With companies like Yahoo, Facebook, Google and Oracle waging intellectual property wars in the courts, Twitter on Tuesday took an intriguing stand by pledging it will not impede innovation in the future by becoming a patent troll.
Twitter drafted an "Innovator's Patent Agreement," or IPA, that the San Francisco firm proposes as a new standard licensing document for the entire tech industry.
Mark Lemley, the William H. Neukom Professor of Law at Stanford Law School, also praised Twitter.
"In a world where patents are increasingly weaponized and struggling companies grasp at patent litigation, Twitter's IPA changes the landscape," Lemley said in a statement. "This could be as important as open source licensing was two decades ago."