Overstock.com Sues Over Patents

Law360, New York (February 7, 2007, 12:00 AM EST) -- In a preemptive strike to a possible patent infringement lawsuit, Overstock.com Inc. is suing Applied Interact LLC for demanding a licensing fee over online sweepstakes and coupon patents.

Overstock alleges that Applied Interact threatened to sue the discount online retailer in a November letter, which claimed infringement of patents on a system to conduct remote sweepstakes and a system to generate product coupons at remote locations such as the Internet.

The suit, filed Friday, said Overstock was “unwilling to accede to Applied Interact’s threats and demands...
To view the full article, register now.