http://biz.yahoo.com/ap/070226/echostar_directtv_settlement.html?.v=1
EchoStar Satellite, DirecTV Settle Suits Over Use of Trademarked Keywords in Search Engines
NEW YORK (AP) -- Satellite TV providers EchoStar Satellite LLC, part of EchoStar Communications Corp., and DirecTV Group Inc. said Monday they've settled lawsuits in federal district courts in California and New York.
The lawsuits focused on the use of each other's trademarks as keywords to trigger sponsored links on search engines. Neither company will use the trademark of the other as keywords, the companies said, until the U.S. Supreme Court of Congress establishes that the practice is not a violation.
In a joint statement, the companies said neither company would have any further comment on the settlement. No financial details were disclosed.
Shares of EchoStar fell 5 cents to close at $42.47 on the Nasdaq Stock Market. Shares of DirecTV rose 12 cents to end the session at $23.00 on the New York Stock Exchange
EchoStar Satellite, DirecTV Settle Suits Over Use of Trademarked Keywords in Search Engines
NEW YORK (AP) -- Satellite TV providers EchoStar Satellite LLC, part of EchoStar Communications Corp., and DirecTV Group Inc. said Monday they've settled lawsuits in federal district courts in California and New York.
The lawsuits focused on the use of each other's trademarks as keywords to trigger sponsored links on search engines. Neither company will use the trademark of the other as keywords, the companies said, until the U.S. Supreme Court of Congress establishes that the practice is not a violation.
In a joint statement, the companies said neither company would have any further comment on the settlement. No financial details were disclosed.
Shares of EchoStar fell 5 cents to close at $42.47 on the Nasdaq Stock Market. Shares of DirecTV rose 12 cents to end the session at $23.00 on the New York Stock Exchange
