Covered Business Method

Expanding the 'Covered Business Method' program: Sensible patent reform ... and why opponents have it wrong

hazy shade of value

Before the summer Congressional recess, a broad coalition of job-creating businesses added their voices to the pro-reform chorus with a ringing letter to Congress urging that expansion of the Covered Business Method (CBM) program be a cornerstone of any patent reform legislation being considered. 

The CBM program provides an innovative, carefully tailored means to address a particularly heinous abuse: manipulating the patent litigation system through aggressive use of unclear and overly broad business method patents by patent aggression entities (PAEs). It is currently limited to business method patents involving financial service products.

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