A US jury yesterday found Hewlett-Packard liable for more than $6 million in damages to printer ink company Colossal Graphics.
The dispute between the two companies involved a 1996 cross licensing and sales agreement that supported the sale of Colossal?s bulk ink system, which uses 16 ounce refillable bottles together with HP?s original equipment two ounce bottles.
Colossal had signed an inkjet agreement that allowed it to sell genuine HP ink with its Bulk Ink system. Within months of the agreement, HP had announced its own wide format colour inkjets with a built in ink system, which HP then sold in competition with Colossal.
HP was found guilty of breach of contract, breach of good faith and fair dealing, and concealment.
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