eBay Faces 'Buy It Now' Patent Threat

Posted by Tom Graham on 13 March 2006 - 12:48[EST]

Online auction giant eBay is facing a rather serious patent dispute over one of its more popular functions. The so called 'buy it now' feature often seen on auctions allows users to end the auction early at a pre-determined price. The problem is the action is detailed in a patent filed by MercExchange, who've taken eBay to court.

Source and full story: neowin.net
More information: Arstechnica