How Could Software Patent Law Impact Electronic Commerce?
How Could Software Patent Law Impact Electronic Commerce?
Mark Lee
Introduction
On July 23rd, 1998, the U.S. Court of Appeals for the Federal Circuit ruled in the State Street Bank & Trust Co. v. Signature Financial Group Inc. that business methods are patentable. 1 Soon thereafter, many Internet firms claimed that their patents cover many current and emerging electronic commerce processes.
In its Framework for Global Electronic Commerce, the United States government has already proclaimed that “the private sector should lead.” 2 However if the patentability of business processes embedded…
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