Monday, November 12, 2007

Patent Infringement Law Suit Against the Tech Moguls

Performance Pricing, Inc. ("Plaintiff") sued Google, AOL, Microsoft and Yahoo ("Defendants") in the District Court, Texas on September 27, 2007 for patent infringment.

Performance Pricing, Inc. claims that the Defendants indulged in unauthorized use of its patent (U.S. Patent No. 6,978,253) the summary of invention of which is, as follows:

"invention comprises a business model used to determine the price of goods and/or services to be provided from a seller or sellers to a buyer or buyers.

One Aspect...involves a method of doing business over a global communications network comprising the steps of: communicating to a buyer via the global communications network, ....accepting a first request .....accepting a second request ....while participating in a Price-Determining-Activity (PDA) ...receiving data from the buyer over the global communications network...

Another aspect ...involves a method of determining a price of a product using a global communications network, ...communicating to a buyer via the global communications network, data representing a plurality of products available, ....accepting acknowledgement ...said acknowledgement being communicated over the global communications network; determining the performance of the buyer; and assigning a price to the product, ..."

Performance Pricing claims that the Defendants used their patented technology without permission and seeks injuction in light of "impairment and irreperable damage to their patent rights."

The latest of documents was filed on November 07, 2007 for a motion to extend time for a response to the Plaintiff's Complaint by Defendant A9.com.

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