IV Can't Skirt Antitrust Counterclaims, Capital One Says

Law360, New York (August 11, 2017, 5:59 PM EDT) -- Capital One Financial Corp. on Thursday urged a Maryland federal court not to end its counterclaims accusing Intellectual Ventures I LLC of monopolizing the banking technology market in violation of the Clayton and Sherman acts.

In a highly redacted 51-page opposition, Capital One said the patent-licensing company, which started the suit by suing the banking company for patent infringement, should not be granted summary judgment to end antitrust counterclaims.

“IV’s motion seeks to immunize its business model of seeking billions of dollars from banks for a...
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