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At least this is how it works in the US. And in the US algorithms are (unfortunately) patentable. That is not the case in all countries.
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Correct.

But at the same time, globalization means legal mandates are increasingly extra-territorial in scope and impact. U.S. patent law affects anyone whose products touch the American market.

Similarly, CCPA/CPRA and GDPR reach far beyond their nominal geographic borders.

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