U.S. Supreme Court Affirms That Certain Computer-Implemented Abstract Ideas Are Ineligible For Patent Protection

(U.S. Supreme Court, Decision of 19 June 2014, No. 13-298, Alice Corp. Pty. Ltd. v. CLS Bank Int’l)

The U.S. Supreme Court held that (1) patent claims directed to the abstract idea of mitigating “settlement risk” were not patentable where they merely required generic computer implementation, and (2) the recitation of generic computer components in the claims does not transform an abstract idea into patentable subject matter.

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