In a long-awaited decision, the Supreme Court held on June 28, 2010, that Bernard Bilski’s and Rand Warsaw’s application for hedging risks in commodities trading was too abstract to be patentable subject matter. The Court also held that the machine-or-transformation test adopted by the Federal Circuit to test for patentable subject matter was too narrow, and that nothing in the patent act or Supreme Court precedent prevented business method patents from being patentable subject matter.

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Source: Patent Alert
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