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Old 01-28-2013, 07:20 AM   #1
LXer
LXer NewsBot
 
Registered: Dec 2005
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LXer: How Newegg crushed the - shopping cart - patent and saved online retail


Published at LXer:

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's 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 that invalidates the three patents Soverain used to spark a vast patent war.

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