EBay Buys MercExchange's Patents In Settlement

Law360, New York (February 28, 2008, 12:00 AM EST) -- MercExchange LLC and eBay Inc. have settled the long-running patent dispute that found its way to the U.S. Supreme Court and led to a landmark May 2006 decision that made it much tougher to obtain an injunction after a finding of patent infringement.

EBay said Thursday that it had struck a deal with MercExchange to dismiss all claims and appeals stemming from the patent lawsuit originally filed in 2001.

Under the deal, eBay agreed to purchase all three patents involved in the suit, a license to...
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