WSJ: Court Limits Issuance of Patents on Methods of Doing Business
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Started by: zoobabzoobab
Date: 30 Oct 2008 19:29
Number of posts: 1
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Summary:
In a closely watched case, a federal appeals court in Washington D.C., today made it much harder for companies and individuals to get patent protection on abstract processes developed for businesses, such as tax strategies and investment methods. The U.S. Court of Appeals for the Federal Circuit upheld a ruling made by the Board of Patent Appeals and Interferences, which denied a patent for a method of hedging risks of sudden changes in energy costs. While patent law specifically allows the patenting of processes, the court ruled today that this protection doesn't extend to all abstract strategies of doing business.
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