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Patent Absurdities

Patent Absurdities

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Wall Street Knocks Down Dumb Patents—When Will Tech Do the Same?

Lobbying by Wall Street has led to the insertion of a clause in recently-passed bill that will allow the banking industry to avoid paying for “certain important patents involving ‘business methods.’” This is a way of getting at frivolous patent lawsuits and extortionist trademark suits, as the definition for patentable “business method” has stretched so far beyond the credulous imagination: Read More