Question:

What is a covered business method patent according to the AIA?

Answer:

The AIA specifies that a covered business method patent is a patent that claims a method or corresponding apparatus for performing data processing or other operations used in the practice, administration, or management of a financial product or service, except that the term does not include patents for technological inventions.

Chapter Details:

The answer to this question can be found in the following supplement: Inter Partes, Post Grant, and Covered Business Method Review Final Rules. This is a special supplement that at the time of this recording is currently being tested on the Patent Bar exam. Depending on future changes to the supplement and the MPEP, the question and answer may not be applicable.

Section Summary:

This question and answer comes from the following supplement: Inter Partes, Post Grant, and Covered Business Method Review Final Rules. It specifically comes from the section on the Transitional Program for Covered Business Method Patents.