A patent holding firm associated with Microsoft co-founder Paul Allen has sued eleven major US corporations including Google, Apple and Facebook, for violating patents related to e-commerce.
The company in question, Interval Licensing, has accused firms like eBay, AOL, Netflix, Office Depot, OfficeMax, Staples and even Google-owned YouTube, for violating patents that cover technology developed by its engineers.
Interval Licensing procured around 300 technology patents after it acquired Interval Research in 2000. Experts have claimed that the lawsuit is yet another effort by a patent-troll to earn easy money.
Meanwhile, Facebook, Google and online retail giant eBay have announced that they would vigorously fight against claims made by the company and said that the lawsuit was without merit.
A Google spokesperson said in an emailed statement to The Guardian that "This lawsuit against some of America's most innovative companies reflects an unfortunate trend of people trying to compete in the courtroom instead of the marketplace."