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eBay, AT&T Settle Patent Suit Over Online Payments

Law360 (July 22, 2004, 12:00 AM EDT) -- Online auction exchange eBay and telecom carrier AT&T Corp. have agreed to settle a patent-infringement lawsuit that AT&T brought against eBay's PayPal electronic-payment service last year.

“eBay, PayPal and AT&T have reached agreement and are entering into a Stipulated Order of Dismissal regarding their patent infringement lawsuit in United States District

Court in Delaware. The parties have agreed to keep the details of their arrangement confidential,” eBay said in a statement released Wednesday.

AT&T’s complaint, filed in November against eBay Inc. and its PayPal Inc. unit...
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