ANOTHER DEVILS ADVOCATE

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Tag: ‘March-in’ Clause

Emperor Biden Wants to Nationalize Patents

On Dec. 7, a date that shall live in infamy, Biden’s Commerce Department proposed a mechanism to invoke the so-called “march-in” clause of the 1980s-era bipartisan Bayh-Dole Act. This would empower Uncle Sam to capture and control patents that fully or partially were funded with federal research grants if Washington bureaucrats disliked the market prices or rollout speeds of their ensuing technologies.