DataTreasury: Difference between revisions - Wikipedia


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*[[Wachovia]]

*[[Wells Fargo]]

In February 2008, an amendment was introduced into the pending [[Patent Reform Act of 2007]] allowing Banks and other financial institutions to infringe the DataTreasury patents without paying a license fee. This has been characterized as a [[regulatory taking]]. The [[Congressional Budget Office]] has estimated that this action could cost the government about $1 billion in compensation to DataTreasury.<ref>[http://www.washingtonpost.com/wp-dyn/content/article/2008/02/13/AR2008021303731.html?nav=emailpage

Jeffrey H. Birnbaum, "Lawmakers Move to Grant Banks Immunity Against Patent Lawsuit", [[Washington Post]] February 14, 2008; Page A22]</ref>

==External links==