Amazon.com will pay Toys R Us $51 million to settle a five-year-old lawsuit, the Seattle-based Internet retailer disclosed in a regulatory filing. Toysrus.com, a division of Wayne, N.J.-based Toys R Us, sued Amazon in 2004, accusing it of violating an exclusivity agreement by letting other merchants sell toys, games and baby products on the Amazon Web site.
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The GigaLaw Firm helps companies of all sizes protect their brands online, using domain name dispute policies – such as the Uniform Domain Name Dispute Resolution Policy (UDRP) – and other legal tools available to copyright and trademark owners on the Internet.