ITC To Probe Rare Earth Magnet Imports By Bose, Others

Law360, New York (September 18, 2012, 2:01 PM EDT) -- The U.S. International Trade Commission said Wednesday it would take up an investigation to determine whether Bose Corp., DeWALT Industrial Tool Corp., Adidas America Inc. and others imported patent-infringing rare earth magnets or products, including speakers and power tools, containing the magnets.

The ITC said it would investigate allegations that nearly 30 companies violated Section 337 of the Tariff Act of 1930 by importing and selling goods that infringe sintered rare earth magnet technology patented by Hitachi Metals Ltd., the company that lodged a complaint with...
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