FOR IMMEDIATE RELEASE
February 26, 2025
The Market Institute Supports the Reintroduction of the RESTORE Patent Rights Act
Washington, D.C. – The Market Institute welcomes the reintroduction of the bipartisan RESTORE Patent Rights Act, sponsored by Senators Chris Coons (D-DE) and Tom Cotton (R-AR), alongside Representatives Nathaniel Moran (R-TX) and Madeleine Dean (D-PA). This legislation is a critical step toward strengthening intellectual property protections and encouraging investment in American innovation.
“For generations, patent holders had the right to stop unauthorized use of their inventions through permanent injunctions,” said Charles Sauer, President of The Market Institute. “But a flawed Supreme Court ruling in 2006 severely weakened that protection, leaving inventors with limited recourse against infringers.”
Sauer emphasized the economic impact of the bill, stating: “An invention market without injunctions is like a housing market without evictions. This bill does a good job of restoring incentives to American innovation.”
By restoring the availability of injunctive relief, the RESTORE Act will provide inventors with the legal tools necessary to defend their patents. Stronger IP protections will also encourage investors to fund the high-risk, long-term R&D needed to ensure U.S. leadership in emerging technologies and global markets.
“This is a straightforward, commonsense fix to a problem that has discouraged innovation for nearly two decades,” said Sauer. “Congress should move swiftly to pass this legislation and give inventors the protections they deserve.”
About The Market Institute
The Market Institute advocates for free market policies that promote economic growth, competition, and innovation.
Media Contact:
Dave Mohel
dave@blueskinsolutions.com
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