US Supreme Court disallows Business Method Patents

In a major and welcome move, the Supreme Court of US has disallowed “Business Method Patents”.

Refer Here

The decision which holds the subject patent “a method for reducing the risk that the parties to a transaction will not pay what they owe” invalid for patent, opens up a debate on several other vague patents which have been granted in the past.

Though the decision states that it should not affect software patents, many software patents may also get challenged in the process.

The development is interesting and could be beneficial to the community in the long run.

Naavi.org has in the past discussed how IPR is often misused both under Copyright and Patent laws and argued for a more saner implementation. Perhaps the subject decision will help in rationalizing the IPR concept in the coming days.

Naavi

About Vijayashankar Na

Naavi is a veteran Cyber Law specialist in India and is presently working from Bangalore as an Information Assurance Consultant. Pioneered concepts such as ITA 2008 compliance, Naavi is also the founder of Cyber Law College, a virtual Cyber Law Education institution. He now has been focusing on the projects such as Secure Digital India and Cyber Insurance
This entry was posted in Cyber Law. Bookmark the permalink.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.