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13 Aug 2005

Amazon pays $40m in patent dispute

If anyone still doubts the economic value of intellectual property, Amazon 's out-of-court settlement of a $40m claim by a patent holder should be a salutary lesson. The patents relate to Internet shopping processes used by Amazon ... and Gap ... and presumably many other eCommerce-enabled companies. Amazon has deeper pockets than most but the writing is on the wall for those who flagrantly ignore patent infringements.
More intellectual property resources

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