Word: patent
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Under a strict interpretation of the machine-or-transformation test, this process could be ineligible for a patent. As would hundreds of other patents that have been granted in the past decade...
From the point of view of the industry, more patents are not always a blessing. It may be possible to patent things like trading strategies and checkout processes on websites, but it also opens the door for expensive lawsuits from companies that file patents solely with the intent...
...Such "patent trolls" or "patent extortionists", as they've come to be known, have become a big headache, especially for technology companies...
...patent lawsuits filed against Google since late 2007, all but two have been filed by plaintiffs who don't make or sell any real product or service - in other words, by non-practicing entities or 'patent trolls'," writes Michelle Lee, Google's head of patents and patent strategy in the company's public policy blog...
There is now a school of thought that making it harder to get a patent is a good thing, though there is hardly any agreement on how to go about limiting patents. Doing so by introducing a new classification, the machines-or-transformations test, is a bad thing, says John F. Duffy, a professor at the George Washington Law School and co-author of a brief on behalf of several technology companies. (See the best social-networking applications...