eBay Sued for $3.8 Billion for Alleged Patent Infringement

Online auction giant eBay Inc. was hit with a $3.8 billion patent-infringement lawsuit last month. XPRT Ventures LLC, which holds patents covering e-commerce payments and methods, filed suit in U.S. District Court for the District of Delaware against eBay and several subsidiaries, including PayPal Inc. and StubHub Inc. The suit alleges infringement of six XPRT patents covering e-commerce payment systems and that eBay misappropriated information provided in confidence.

10 minute read July 29, 2010 at 02:28 PM
By
Karen Sloan
eBay Sued for $3.8 Billion for Alleged Patent Infringement

Online auction giant eBay Inc. was hit with a $3.8 billion patent-infringement lawsuit last month.

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