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MarketDial Wins Lawsuits Filed Against Them By Mastercard Subsidiary

Author: Benzinga Newsdesk | August 20, 2024 02:30pm

A federal court has ruled in MarketDial's favor in two separate lawsuits filed by a Mastercard subsidiary. Accused of patent infringement and trade secret misappropriation, MarketDial has been embroiled in a legal battle with the credit card giant for six years, working to combat the charges while endeavoring to grow as an emerging startup in the retail in-store testing space.

The lawsuits started when Mastercard's subsidiary Applied Predictive Technologies claimed that MarketDial had infringed on patents and had stolen trade secrets. After years of litigation, however, the courts ruled that the technology in question was not eligible for patent protection and that Mastercard failed to identify any protectable trade secrets that had allegedly been stolen.

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