Patent News | "Software Patent Bill"

By : IPS Staffs
Category : Patent News

Patents Bill has successfully passed the second reading in the Parliament, although the case was debatable.

Even if the second reading has been passed by the parliament, the opposition can still fight back to stop it at the final reading.

Even though the labor supported the bill when it passed the second reading it is anticipated that they will not vote for it on the next reading. The labors have a chance to support the software patent if the government agrees to their amendment. If the government accepts the labor amendment, it is believed that it will stiffen the recent proposal to ban software patents.  

One software company has decided to move from Canada to New Zealand due to the proposed ban. However, they are well aware of the investment of $170 million which revolves around it.