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Supreme Court grants victory to Quanta in patent case
The U.S. Supreme Court handed a big victory to Quanta Computer on Monday when it held that the doctrine of patent exhaustion barred LG Electronics' claims against it.
In doing so, the Supreme Court reversed the U.S. Court of Appeals for the Federal Circuit's previous decision that patent exhaustion did not apply to method claims and extended that doctrine to licenses for products that "substantially embod[y] a patent." This case is likely to substantially change the playing field for patentees seeking to monetize their patents in a vertical industry value chain.… Read more
