“Soverain isn’t in the e-commerce business; it’s in the higher-margin business of filing patent lawsuits against e-commerce companies. And it has been quite successful until now. The company’s plan to extract a patent tax of about one percent of revenue from a huge swath of online retailers was snuffed out last week by Newegg and its lawyers, who won an appeal ruling [PDF formerly http://www.cafc.uscourts.gov/images/stories/opinions-orders/2011-1009.Opinion.1-17-2013.1.PDF] that invalidates the three patents Soverain used to spark a vast patent war. The ruling effectively shuts down dozens of the lawsuits Soverain filed last year against Nordstrom’s, Macy’s, Home Depot, RadioShack, Kohl’s, and many others.”
How Newegg crushed the “shopping cart” patent and saved online retail
- Post author:The Freedom Watch Staff
- Post published:February 17, 2013
- Post category:Network Archives
Tags: Alternative News, Bankocracy, CLibertyC, constitutional liberty coalition, economic Trends, for life and liberty, free market, Intellectual Poverty, Resistance, sound money, statism, technology, The Freedom Watch
The Freedom Watch Staff
News before it is news for the resistance from a trusted correspondent.
The Freedom Watch Network