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eBay, MercExchange Close Book on Patent Row (E-Commerce Times)

eBay has reached a settlement with MercExchange in a case that had bounced around several courts and prompted a landmark Supreme Court decision. The San Jose, Calif.-based online auctioneer will purchase three patents, including technology central to its vaunted “Buy It Now” feature, from Great Falls, Va.-based MercExchange for an …

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