U.S. Patent Office Now Rejecting 78 Percent Of Business Method Patents

[TheIrishman]

U.S. Patent Office Now Rejecting 78 Percent Of Business Method Patents

http://www.tomshardware.com/news/uspto-rejecting-business-method-patents,27876.html

<< Ever since the Supreme Court ruling on software patents in the Alice vs CLS Bank case, there seems to be a decline on both patent lawsuits and "business method" patent approvals by the USPTO (United States Patent and Trademark Office). The rejection rate of business method patents has jumped from 24 percent in January of this year to 78 percent this July. It looks like a major shift in the patent battles is about to happen. >>

[Elwar]

Imagine if MtGox had a patent on the business method of Exchanging bitcoins for fiat.

[deepestfear]

Good on them. Most biz method patent applications are brazen attempts to restrain competition and unfair restraint of trade.