eBay facing largest patent infringement suit ever: $3.8 billion

eBay logoConnecticut-based XPRT Ventures said Wednesday that it had sued eBay and its subsidiaries for infringing on six patents related to e-commerce. The company said it shared the technologies "in confidence" with the auction site, but eBay apparently used those technologies for financial gain.

Specifically, the suit alleges Paypal's Pay Later, Buyer Credit, Balance Manager, and the checkout system infringe upon XPRT's technologies. The company is asking for $3.8 billion in damages, and was filed in U.S. District Court in Wilmington, Del.

According to the lawsuit, XPRT first contacted eBay in 2001 and advised them that purchasing PayPal would streamline their business, and that the auction site could use XPRT's patented methods to put PayPal to use. The company says it contacted the auction site to gauge its interest on using the technology.

eBay apparently never responded, and XPRT attempted to contact the auction site again to no avail. The acquisition of PayPal was allegedly announced shortly after this second contact.

"EBay ... should have known that such modification and combination would violate Inventors' patent application claims should they issue as patents," the lawsuit reads in part.

Other charges leveled against eBay include the company attempting to patent XPRT's technology on its own, which the US Patent Office apparently rejected four times. What's curious is that these patents were applied for in 2003, some two years after the company had apparently been alerted to XPRT's already issued patents in the space.

The auction site says that the suit is without merit, and intends to fight it vigorously in court. On its part, XPRT said it does not plan to seek an injunction immediately, but does expect compensation for its work.

If allowed to stand by the courts, XPRT's damages would amount to the largest patent settlement in history, far outpacing the current largest award -- $1.725 billion to Johnson & Johnson by Boston Scientific for coronary stent patents. That case was settled in February of this year.

Source: Betanews

Tags: eBay

Add comment

Your name:
Sign in with:
Your comment:

Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party

Last news

A mobile hotspot in Australia will be capable of hitting gigabit speeds on the go
A new game could be in the works as Blizzard appears to have been hiring for a Diablo-related project
Nokia CEO Rajeev Suri will speak at MWC 2017
However what if you could go way, way back?
The Helio P15 packs an octa-core Cortex-A53 processor clocked at 2.2GHz
Samsung claims up to 27-percent higher performance or 40-percent lower power
Preliminary data for October shows another Windows 10 boom
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
HP Slate 7 is a 7-inch Android 4 Tablet PC with good sound
A cost-effective, 7-inch tablet PC from a renowned manufacturer
October 25, 2013 / 4

News Archive



Do you use microSD card with your phone?
or leave your own version in comments