Toyota Loses Hybrid Patent Infringement Appeal
Agent009 submitted on 5/12/2008 Official Bell & Ross Timestamp: 1:31:08 PM
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The US Supreme Court let stand a $4.
3 million award against Toyota Motor Corp. for using another company's patented technology in gasoline-electric hybrid vehicles, including the top-selling Prius, Bloomberg News reported today.
The justices, without comment, today turned away an appeal by Toyota, leaving intact a jury verdict favoring closely held Paice LLC of McLean, Virginia. A federal appeals court in Washington upheld the award last year.
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