Price Optimization Patent Not Valid, Judge Rules, Dismissing Case Against Amazon

Price Optimization Patent Not Valid, Judge Rules, Dismissing Case Against Amazon

SAN FRANCISCO - A technology firm's patent that "describes an abstract idea of price optimization" is patent-ineligible, a California federal judge ruled Sept. 11, granting a motion to dismiss by leading online retailer Amazon.com Inc. (OIP Technologies Inc. v. Amazon.com Inc.,  No. C-12-1233, N.D. Calif.; 2012 U.S. Dist. LEXIS 129396).

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