logo
Share SHARE
FONT-SIZE Plus   Neg

3M, Avery Dennison Conclude Patent Infringement And Related Lawsuits

3M Co. (MMM), along with its wholly-owned subsidiary 3M Innovative Properties Co., said Thursday that they have successfully concluded their lawsuits against Avery Dennison Corp. (AVY) relating to retroreflective sheeting products used on traffic signs, pavement markings and other traffic control products.

3M's patent infringement litigation against Avery Dennison has been resolved with the court entering a consent judgment in favor of 3M.

Avery's separate claims of patent infringement and antitrust violations against 3M have been dismissed by the court with prejudice.

Reflective sheeting technology was pioneered by 3M more than 60 years ago. 3M continues to lead innovation in that technology, investing enormous resources to develop products, such as its 3M Diamond Grade DG Reflective Sheeting, to meet the changing traffic control needs and visual requirements of motorists.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Activision Blizzard Inc. (ATVI) on Thursday reported a drop in profit for the fourth quarter, as revenues declined reflecting weak demand for Skylanders SuperChargers and Guitar Hero Live. The video game publisher's profit and revenues fell short of Wall Street estimates. Moving ahead, the company detailed... CBS Corp. (CBS, CBS-A) Thursday reported a drop in profit for the fourth quarter, hurt largely by one-time charges. However, on an adjusted basis, earnings for the three-month period increased on higher revenues across all major segments, except local broadcasting division. The New York-based company's... Tesla's next electric car Model 3 is aimed at the masses with a price tag that could go below $30,000. Tesla CEO Elon Musk, during an earnings call, confirmed that the Model 3 will start selling for "around $35k," and reservations will start from March 31 in Tesla stores and online on April 1 for...
comments powered by Disqus
RELATED NEWS
Trade MMM now with 
Follow RTT