Business Services Industry
AT&T Sues eBay over Online Billing Technology.
Knight Ridder/Tribune Business News, November, 2003
By Chris O'Brien, San Jose Mercury News, Calif. Knight Ridder/Tribune Business News
Nov. 21--AT&T filed a lawsuit against eBay on Thursday, accusing the online auction company of violating a patent the long-distance phone giant has for electronic payment technology.
In the suit, AT&T claims that eBay's PayPal division is a "trusted intermediary" that facilitates payments between buyers and sellers over the Internet. AT&T says it received a patent in 1994 for such a system, known in the patent as "Mediation of Transactions by a Communication System."
The PayPal service, which lets people send and receive money online using credit cards, is central to Internet commerce. It is used to conduct transactions on eBay as well as thousands of...
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