Business Method Patent Claims On Technology Stifles Internet Innovations

The expansiveness and innovation of the Internet has caused patent holders to argue that their technology must be licensed in order to continue its use online. This issue of ownership and the amount of revenue that could be generated by licensure has caused many lawsuits to be filed.

The following questions have been addressed in this article:

What are business method patents?
Is there an example of competitors attempting to exploit licenses for the use of their Business Method?
Are these patent disputes always for new patents for technology that is attempting to be adapted for new protection?
What about patents for file formatting?

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