VIZIO Files Antitrust and Unfair Competition Lawsuit Against Funai
VIZIO, Inc., America’s HDTV Company, announced today that it has filed an antitrust and unfair competition lawsuit in the United States District Court, Central District of California, against Funai Electronics Co., Ltd., a Japanese distributor of digital televisions and related components. In the suit, VIZIO, a U.S. company based in Irvine, California, alleges that its competitor, Funai, acting alone and in concert with others, unlawfully restrained trade and monopolized the market for the licensing of technology used to interpret and retrieve information from a digital television broadcast signal, as well as the market for digital television sets and receivers.
In the federal complaint, VIZIO alleges that Funai unlawfully acquired the rights to U.S. patent No. 6,115,074 (the “’074 patent”), which is subject to a standards setting organization overseeing digital television manufacturers, and has since unlawfully and unfairly discriminated against VIZIO in the licensing and enforcement of the ’074 patent, to the detriment of trade and commerce. VIZIO’s suit alleges that, in so doing, Funai has violated the federal Sherman Antitrust Act, the Clayton Act, and numerous provisions of California’s unfair competition and antitrust laws.
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