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House Passes "Patent Reform"


Mal_Con

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A similar act already passes in Senate, O has indicated he will sign.

 

As expected went to a "first to file" system instead of the current "first to invent" system.

 

This is sure to screw the individual inventor and small company. It means if you invent something and a big company files an application first @ cost of $5-10K. They get the patent and you are SOL.

 

Another cute provisions allows Big Banks to attack Business Method patents but not anyone else.

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