eBay Faces Business Model Patents
from the there-must-be-prior-art dept
It's been a while since we heard anything about ridiculous business model patents, but now eBay is facing the dangerous end of a business model patent lawsuit from a guy who thinks he invented the idea of auctions. I realize that the patents are offiically for "computerized" marketplaces, but shouldn't prior art of regular auctions make these patents invalid? I also like how the owner of the patents makes himself sound like a "victim" because he couldn't raise money to start his own eBay - and instead decided to just suck the marrow out of a company that actually executed well.