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eBay settles patent dispute

March 2nd, 2008 · No Comments ·

EBay (NSDQ: EBAY) has expressed its readiness to a patent litigation with MercExchange.
The d’enchères online Thursday he told investors buy MercExchange patents and MercExchange would be dismissed all appeals and requests relating to a complaint filed seven years ago.

“We are delighted, has been able, over a colony to MercExchange,” Mike Jacobson, eBay, Senior VP and General Counsel, said in a prepared statement. “In addition to resolving disputes, urbanization, gives us access to additional features of intellectual property, to the further improvement and safeguarding of our markets.”

MercExchange is claiming credit for auction on eBay at fixed prices through eBay “Buy It Now” feature, which indicates that the online auction against three of its patents. According to records of the US Patent-und Markenamt, MercExchange filed for patents in 1995, 1999 and 2001.

EBay tried to fight a ruling that the company had approximately $ 30 million. The case went back to the United States courts. In December of the year 2007, a US District Court ruling in December that the Court lacked authority to consider eBay movement towards the conclusion stop.

Tags: Internet

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