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eBay Inc. (EBAY) Message Board

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  • af_matt af_matt Mar 29, 2005 6:15 PM Flag

    Business wire:U.S. Patent Office Takes

    The decision to call the Merc�s patent void in my mind is a much bigger deal than little news listings I�ve seen. Merc wanted to sue Ebay for an additional 120 million because they haven�t removed the �buy it now� and probably would have got it. In addition Ebay would have paid the Merc royalties because it would have been cheaper than removing the �buy it now� technology all-together. This could have easily shaved over a billion over the life of the patent.

    Bottom line, the Merc shouldn�t have gotten greedy. They could have walked w/ 30 million. It seemed stupid to begin with, how can you patient the sale of goods over the internet which is basically what a �buy it now� is. I can �buy it now� at Amazon.com, Wal-Mart.com, etc. Only difference is e-mail also has auctions.

 
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