E-bay "buy It Now" Patent Case Settled


EBay has reached a settlement with MercExchange that gives the online auction company the rights to the "Buy It Now" patent that sparked a precedent-setting Supreme Court case, spurred a call for patent reform, and shifted the leverage in patent battles. The MercExchange case was closely watched in Silicon Valley because tech companies often incorporate hundreds or even thousands of patents in products - and sometimes unknowingly infringe them. The Supreme Court ruled unanimously in 2006 that patent-holders are entitled to damages but cannot count on automatic injunctions that halt a company's manufacturing or business.

FOR MORE SEE:
http://www.siliconvalley.com/news/ci_8397551?nclick_check=1

These items are intended for general informational purposes only and should not be construed or relied upon as legal advice. The legal issues addressed in these items are subject to changes in the applicable law. You should always seek legal advice concerning any specific issues affecting you or your business.