4 ms·
The part below is pretty terrible. So all these big guys with the resources to fight back like Newegg did instead keeled over and paid up... "Target had a webs
by arbuge 13y ago
The part below is pretty terrible. So all these big guys with the resources to fight back like Newegg did instead keeled over and paid up...
"Target had a website; Target got sued by TQP. It got out of the case by paying $40,000.
Some paid less than that—but most paid more.
Dodge & Cox, a mutual fund, paid a bit more than $25,000. Pentagon Credit Union paid $65,000. QVC paid $75,000. MLB Advanced Media paid $85,000. PetSmart paid $150,000. PMC paid $400,000. Cigna paid $425,000. Bank of America paid $450,000. First National paid $450,000. Visa paid $500,000. Amazon, Newegg's much larger competitor, paid $500,000. UPS paid $525,000.
IBM paid $750,000. Allianz Insurance paid $950,000. Microsoft paid $1,000,000."
- judk 13y agoTo be clear, the payoffs from those companies financed the battle against newegg.
- bsaul 13y agoI had the same feeling of disgust by reading at those numbers, but then, remember that those big companies probably also own a lot of bogus patent themselves. Their IP department probably have no interest in advising "don't pay for those patents, they are bogus". That would shooting themselves in their foot.