Intel Calls Fortress' 'Buy Low, Sell High' IP Strategy Illegal

By Dorothy Atkins (September 16, 2021, 11:25 PM EDT) -- Intel urged a California federal judge at a hearing Thursday to keep alive its lawsuit accusing Fortress Investment Group of running an anti-competitive patent aggregation scheme, arguing it's sufficiently pled that the hedge fund's "buy low, sell high" intellectual property strategy violates antitrust laws.

During a nearly two-hour hearing held via Zoom, Intel Corp.'s counsel, William F. Lee of WilmerHale, argued Fortress has engaged in anti-competitive conduct by first purchasing patents, which their previous owners declined to enforce after conducting cost-benefit analyses, and then asserting them against big technology companies like Intel for dollar amounts that are "magnitudes upon magnitudes upon...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!