Reuters sues Bloomberg

Filed in the Southern District of New York on July 11, the Reuters complaint alleges Bloomberg is infringing three Reuters patents that were filed in 1999. A spokesperson for Reuters in London explained that the patents refer to capabilities, rather than specific products, used in matching and conversational dealing systems, most obviously "in the FX area".

"The real aim is to protect our intellectual property," said the Reuters spokesperson. "Reuters has invested millions in research and

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