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December 13, 2007

Buy It Now

Judge Jerome Friedman of Eastern Virginia district court put the final tab of eBay infringing MercExchange's 5,845,265 with eBay's "Buy It Now" feature at $30 million. The case spawned a muddled SCOTUS ruling in May 2006 scotching the prospect for injunctions in many cases, to a nominal regime of payoff for infringement. Post-trial continuing infringement is not covered in the eBay case, and MercExchange hopes to squeeze more for it; while eBay likely appeals.

Posted by Patent Hawk at December 13, 2007 12:14 AM | Litigation