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EBay Inc and MercExchange LLC have settled a long-running patent lawsuit, said eBay on Thursday, ending a fight that prompted a landmark U.S. Supreme Court ruling.In the settlement, Internet auction leader eBay will buy three patents from MercExchange needed to run its Web search, online auctions and fixed price sales, as well as other assets, for an undisclosed sum, eBay said in a statement.
EBay and MercExchange End Long Legal Fight [uk.reuters.com]