If you get in a fender-bender with your car, who makes the parts needed to repair it? How about components for your computer? Or pieces to fix the plumbing in your house? That's what Congress is wrestling with this week as it takes up HR3889, also known as the Parts Act.
This legislation, if passed, the automotive impact would be to restrict carmakers from patenting the design of repair parts effectively preventing competition in the business of building replacement body parts for your vehicle. This has multiple potential impacts.Read Article