As we sort through the results of the recent election, one thing that should be noted is what didn’t happen. The Biden-Harris Administration, despite intense pressure from its progressive allies, never finalized the pending march in guidelines. The draft guidelines, which issued late last year, were an attempt to misuse the landmark Bayh-Dole Act so the government could micro-manage the price of products based on federally-funded inventions. Critics of Bayh-Dole have tried for 20 years to turn the law, designed to decentralize technology management from Washington into the hands of those who make inventions in our public research institutions and companies, on its head so Washington could regulate prices.
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