Wednesday, July 21, 2010

Facebook Doesn?t Violate Competition Laws, Court Rules In Power.com Lawsuit

Back in November 2008, a venture-backed startup called Power Ventures launched Power.com in an effort to establish a one-stop shop social networking hub, enabling its users to aggregate and access data and activity streams from a variety of social networking sites via one single user interface.

Before the year ended, Facebook, one of the social networks users could access via Power.com, sued the company alleging that Power Ventures violated its terms of use, copyright and trademarks by not using its public APIs and Facebook Connect.

Although both parties tried to reach a swift settlement, which ultimately didn't materialize, Power.com a little over a year ago filed a countersuit against Facebook, basically alleging that the company was monopolistic and engaged in unfair competition practices.

Nuh uh, a California court has now ruled.IRON MOUNTAIN INORATED IOMEGA INTUIT INTERSECTIONS

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