software patents

America Invents Act, business methods and software patents

You may know that America has a new legislation regarding patents, the [http://en.wikipedia.org/wiki/Leahy-Smith_America_Invents_Act America Invents Act]. An remarkable part of it is sec 18. "TRANSITIONAL PROGRAM FOR COVERED BUSINESS-METHOD PATENTS". My understanding is that, in short, this is the result of banks lobbying after having been sued for business methods infringement, for some (trivial, wide-ranging) methods they used to create their products.
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