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Reuters: U.S. ruling may curb business method patents

Here is an excerpt from a Reuters' article of October 30th:

A U.S. appeals court has rejected patenting a way to smooth energy costs in a closely watched decision that could narrow the scope of "business method" patents.

The case turned on whether an inventor can patent an abstract process, something that involves nothing more than thoughts, and was closely watched by software makers, Internet companies, investment houses and other businesses.

The U.S. Court of Appeals for the Federal Circuit ruled on Thursday that the patent application at issue was not tied to a machine and did not result in a transformation, both standards set by the U.S. Supreme Court for patentability ....

For the full article, including comments from experts, go to U.S. ruling may curb business method patents.

Posted on Monday, November 3, 2008 at 11:59AM by Registered CommenterSteve Holcombe in | CommentsPost a Comment | References1 Reference

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