The FTC said Friday that it is extending...
The FTC said Friday that it is extending the comment deadline on its proposed study of the business practices of patent assertion entities (PAEs) to Dec. 16 to give interested parties more time to provide input. The original deadline was…
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Dec. 2. The FTC voted in September to propose launching the PAE study using its authority under Section 6(b) of the FTC Act. Section 6(b) allows the FTC to investigate an industry’s business practices, including issuing subpoenas, and report their findings to Congress and the public. The FTC has proposed asking for information from 25 PAEs on their corporate legal structure, the types of patents they hold and how they assert their patents (CD Sept 30 p15).