The New York Mercantile Exchange cannot enforce a copyright in the settlement prices it produces to value customers’ open positions, a federal appeals court has ruled.
In upholding a trial court ruling that found there was no infringement by a competing electronic exchange, the U.S. Court of Appeals for the Second Circuit said “enforcing the copyright here would effectively accord protection to the idea itself.”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]