– Verizon (NYSE: VZ) has filed patent infringement claims against Cablevision (NYSE: CVC) with the
U.S. International Trade Commission (USITC), alleging some of Cablevision’s
set-top boxes are infringing on five of its patents, the Associated Press
Verizon is seeking an injunction against importation and sale of the Cablevision
set-tops in question.
"It is becoming increasingly clear that Verizon is
having difficulty competing on the merits in the marketplace, so they are
resorting to filing lawsuits and pursuing regulatory bailouts,"
Cablevision said in a statement.
"We obviously plan a vigorous defense."