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According to the specification of Versata's patent, the patent is based on the preexisting WHO/WHAT hierarchal paradigm for structuring pricing data. Versata's system organizes various pricing tables and price adjustment tables, and various products and purchasing organizations, based on "who" (i.e. which purchasing organization) is purchasing "what" (i.e. which product).
The Innovation Act would also change fee requirements, among other modifications, in order to make the plaintiff financially responsible for such attempts, which often are viewed as extortions rather than disputes of the patent claim based on technological considerations.
The AIA and GSA agreed on a system and named it UNIFORMAT. The AIA included it in their practice on construction management, and the GSA included it in their project estimating requirements. In 1989, ASTM International began developing a standard for classifying building elements, based on UNIFORMAT.
A covered business method (CBM) patent is defined in section 18 of the America Invents Act (AIA) as 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," but is not for a "technological" invention. [1]
Standards-based, AIA has pre-built common object definitions and services. Oracle AIA is built on Oracle Fusion Middleware's SOA and Business Process-Management (BPM) products. AIA provides a foundation on which to build business-process flows. AIA delivers Pre-built Integrations [1] as either Direct Integrations (DIs) or Process Integration ...
But entities called patent trolls have turned the system on its head. Patent trolls do not create or sell products. ... A Michigan-based spice company was sued in 2016 by a troll that claimed it ...
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The America Invents Act, signed by Barack Obama on 16 September 2011, [6] switched the U.S. right to the patent from a "first-to-invent" system to a "first-inventor-to-file" system for patent applications filed on or after 16 March 2013 and eliminated interference proceedings. [7]