Monday, April 25, 2022

Biden Helping China Plunder American Tech Companies

The Biden administration has proposed a technical-but critical-change to U.S. patent policy that could have been drafted in Beijing.

A Chinese front organization has formally endorsed the proposal, which will gut protection for an especially important type of American patents.

Standards are a hotly contested tech battleground between the U.S. and China.

Chinese parties could blatantly infringe American patents.

It is extremely unlikely that a court in China would rule in favor of an American patent holder against a Chinese company.

"Currently, China is the world's largest consumer of SEP-based technology, so weakening protection of American-owned patents directly benefits Chinese manufacturers. The unintended effect of the 2021 Draft Policy Statement will be to support Chinese efforts to dominate critical technology standards and other advanced technologies, such as 5G.".

"Put simply," the Center states in its submitted comment, "Devaluing U.S. patents is akin to a subsidized tech transfer to China." China and its companies, Pomper says, would be the "Biggest beneficiaries" if the Draft Policy were implemented as written.

https://www.newsweek.com/biden-helping-china-plunder-american-tech-companies-opinion-1697054 

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