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Alice V CLS Bank.pdf

alice-v-cls-bank.pdf
Preview of Alice v CLS Bank
🔗 Source: proskauerinlifesciences.com
📊 Size: 137 KB
📄 Pages: 21 pages
⬇️ Downloads: 95

Summary

The Supreme Court held that patent claims for a computer-implemented scheme to mitigate "settlement risk" are not patent eligible under 35 U.S.C. §101 because they are directed to an abstract idea, specifically the concept of intermediated settlement, which is a fundamental economic practice beyond the scope of §101. The Court applied a two-step framework, first determining that the claims are directed to a patent-ineligible concept, and then finding that the claims' elements, considered individually and as an ordered combination, do not transform the abstract idea into a patent-eligible invention, as the introduction of a generic computer implementation is not enough to supply the necessary "inventive concept".

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Description

The Supreme Court held that patent claims for a computer-implemented scheme to mitigate "settlement risk" are not patent eligible under 35 U.S.C.

Technical Information

  • File Format: PDF
  • File Size: 137 KB
  • Pages: 21
  • Language: EN
  • Total Downloads: 95
  • Last Updated: 2 hours ago

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