Banks lobby against business-method patents (goaded by one patent)(nytimes.com)

10 pointsby ashearer15 lat temu2 comments

Banks lobby against business-method patents (goaded by one patent)

http://www.nytimes.com/2011/06/15/business/15schumer.html

2 comments

DennisP15 lat temu

Hmm...

> the language of Mr. Schumer’s provision seems aimed at banks or, specifically, "a method or corresponding apparatus for performing data processing operations used in the practice, administration or management of a financial product or service."

It'd be nice if they'd attack business method patents in general, instead of just trying to carve out a little exception for themselves.

jcdreads15 lat temu

It looks like the legislation they lobbied for pertains specifically to "...a method or corresponding apparatus for performing data processing operations used in the practice, administration or management of a financial product or service."