Topic: Technology News
Blockbuster Sued for Alleged for Patent-infringement by Dallas-based Netflix
What goes around comes around. Blockbuster used to make millions from charging its own consumers late fees. Before Netflix, the online DVD rental service, consumers had to put up with the greed managed by Blockbuster. If you are late to return the video, you are going to pay some fees. That was Blockbuster's deal.
Enters Netflix Inc. The online company rents a DVD for an unlimited time without incurring late fees. For seven years, it has been like this with Netflix.com. Consumers embraced this business move which gave it a competitive edge over Blockbuster. In front of the record profit made by Netflix, Blockbuster decided to drop the late fees. Now Netflix is charging Blockbuster illegally copied its ideas. So it filed a lawsuit in U.S. district court in San Francisco. Netflix accuses Blockbuster of stealing the idea of renting a DVD for an unlimited time without incurring a fee. Netflix thinks it is a patent-infringement case.
