Intellectual Property
May 13, 2010
Patent Holding Cos. Sue Trust
Two patent holding companies filed a complaint in the Southern District of New York accusing the Allied Security Trust and several members, including San Jose-based Cisco Systems Inc., of "abuse of market power."
Daily Journal Staff Writer
Big technology companies have banded together in recent years to buy up patents and license them to avoid getting hit with costly lawsuits by patent holding companies. A new lawsuit, filed last week in New York federal court, raises the question of whether the practice violates antitrust law.
Two patent holding companies, based in New York and Virginia, filed a complaint in the Sout...
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