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Outdoor Holding Company (NASDAQ: POWW) ("Outdoors Online," "we," "us." "our" or the "Company"), the owner of GunBroker.com, the largest online marketplace for firearms, hunting and related products, today announced that the United States District Court for the Northern District of Georgia has granted its motion for summary judgment in a contributory trademark infringement action brought by Microtech Knives, Inc. The Court concluded that GunBroker.com is an online marketplace, and as such, had fully satisfied its obligations to protect the intellectual property of third parties once potential infringing actions were brought to its attention. Furthermore, the Court validated GunBroker's effective policies and procedures to combat infringement and counterfeiting issues when put on notice.
Chairman and Chief Executive Officer Steve Urvan said, "We are very pleased to have the Court confirm our status as an online marketplace, just like eBay or Etsy, with the rights and obligations associated with being an online marketplace. The court recognized the effectiveness of our policies and procedures and our continued commitment to protect the intellectual property of third parties. This decision will put an end to this matter and will allow us to avoid unnecessary legal costs and associated distractions. We look forward to continuing to improve and grow our Company as a pure-play online marketplace for firearms and outdoor enthusiasts."
The Court decision arose from litigation initiated in March 2023 by Microtech Knives, Inc. against GunBroker.com for contributory infringement of its trademark rights. The litigation was part of a larger action brought against a GunBroker seller for allegedly selling products that infringed Microtech trademarks on the GunBroker.com site in 2023.
Posted In: POWW
