FTC challenges patent holder's conduct under unfairness authority | Practical Law

FTC challenges patent holder's conduct under unfairness authority | Practical Law

On 23 January 2008, the US Federal Trade Commission (FTC) announced a proposed settlement with Negotiated Data Solutions LLC (N-Data) for allegedly engaging in unfair methods of competition and unfair acts or practices in violation of section 5 of the FTC Act. According to the FTC, the proposed settlement will protect consumers from higher prices and ensure competition by preventing N-Data from charging higher royalties for its technology.

FTC challenges patent holder's conduct under unfairness authority

Practical Law UK Legal Update 2-380-9516 (Approx. 3 pages)

FTC challenges patent holder's conduct under unfairness authority

by Practical Law
Law stated as at 23 Jan 2008 • USA (National/Federal)
On 23 January 2008, the US Federal Trade Commission (FTC) announced a proposed settlement with Negotiated Data Solutions LLC (N-Data) for allegedly engaging in unfair methods of competition and unfair acts or practices in violation of section 5 of the FTC Act. According to the FTC, the proposed settlement will protect consumers from higher prices and ensure competition by preventing N-Data from charging higher royalties for its technology.