Buy.com Brags About SN+E-commerce Patents

Posted by timothy on Wednesday October 27, 2004 @05:41AM from the thumps-billy-club-suggestively dept.

RBAE writes "In an article in InternetRetailer.com, buy.com CEO Scott Blum brags about how they will protect and enforce their (pending) patents that link social networking and e-commerce, so that anyone trying to integrate these two fields will have first to pay them a handsome fee, or else. Mind that buy.com hasn't even started to offer such service, while other sites like Overstock and eGrupos have already launched services integrating ecommerce (online auctions) and social networking. A quote from buy.com's CEO: "We'll stand out with our patents on e-commerce and social networking, and we're big enough to protect them". Finally an interesting way to apply social networking, and Buy.com wants it all for themselves."

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Buy.com Sucks by Jeff321 · 2004-10-27 07:00 · Score: 2, Informative

Lately their service has gone down the drain. Reviews. I speak from firsthand knowledge too. Ordered and they said it wasn't in stock so I cancelled and they sent it anyway, charging me more than the original price because when I cancelled my discount disappeared.