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Limits on innovations patents relaxed
Tuesday - 6/29/2010, 2:50pm EDT
At issue was a bid by two inventors to patent a business method for hedging risk in buying energy. The high court unanimously rejected the inventors' claim, deeming their innovation too abstract to qualify for patent protection. But in doing so, it also rejected a lower court's reasoning that only inventions involving machinery or physical "transformations" are eligible for patents.
Some experts hailed the decision as a move that could bring patent law out of the industrial era, when inventions were more likely to be machines, into the information age, where they are often are less tangible.
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