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Verizon, Cisco Hit With $500M Suit Over Patent Trust

By Mike Cherney (May 10, 2010, 5:40 PM EDT) -- A patent-holding company is seeking at least $500 million in an antitrust lawsuit accusing a consortium of telecom companies, including Verizon Communications Inc., Cisco Systems Inc. and Ericsson Inc., of conspiring against small patent owners and licensors to drive them out of business....

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