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FreedomWorks Foundation Submits Comments on Intellectual Property Rights

Today, FreedomWorks Foundation submitted a formal comment supporting a proposed rule by the National Institute of Standards and Technology that seeks to provide clarity to federal "march-in" rights under the Bayh-Dole Act of 1980. In short, the Bayh-Dole Act lays out the framework for providing inventors the title to their innovations that are either wholly or partially publicly funded. Within this framework exists a little-known provision that give federal agencies the authority to "march-in" and force title holders to provide a license for their product where they otherwise would not have, creating a loophole by which the federal government could implement price controls on private companies.