{"id":898721,"date":"2025-10-22T08:22:41","date_gmt":"2025-10-22T12:22:41","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/carvana-joins-lot-network-to-promote-open-innovation-and-protect-against-abusive-patent-practices\/"},"modified":"2025-10-22T08:22:41","modified_gmt":"2025-10-22T12:22:41","slug":"carvana-joins-lot-network-to-promote-open-innovation-and-protect-against-abusive-patent-practices","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/carvana-joins-lot-network-to-promote-open-innovation-and-protect-against-abusive-patent-practices\/","title":{"rendered":"Carvana Joins LOT Network to Promote Open Innovation and Protect Against Abusive Patent Practices"},"content":{"rendered":"

<\/p>\n

Carvana Joins LOT Network to Promote Open Innovation and Protect Against Abusive Patent Practices <\/b><\/p>\n

PHOENIX–(BUSINESS WIRE<\/a>)–
\nCarvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced that it has joined LOT Network, a global consortium of companies committed to protecting innovation by deterring frivolous litigation from patent assertion entities (PAEs).<\/p>\n

\nCarvana develops most of its technology in-house, from its online purchase platform to systems powering merchandising and personalization, financing, vehicle reconditioning, and logistics automation. Joining LOT Network helps ensure that Carvana\u2019s efforts and investments stay focused on creating better experiences for customers, rather than defending against baseless demands from patent-assertion entities.<\/p>\n

\n\u201cIntellectual property rights matter deeply to us as a patent holder,\u201d said Paul Breaux, Carvana\u2019s General Counsel. \u201cBut abuse of the patent system by non-practicing entities discourages the innovations we and so many other companies work hard to develop. By joining LOT Network, we are protecting the solutions our teams create so we can focus on what matters most: our customers and further improving the car buying and selling experience.\u201d<\/p>\n

\nCarvana\u2019s LOT membership reflects its commitment, alongside thousands of global technology leaders, to defending its intellectual property and standing up against litigation practices that tax and exploit innovation rather than advancing it.<\/p>\n

About Carvana<\/b><\/p>\n

\nCarvana\u2019s mission is to change the way people buy and sell cars. Since launching in 2013, Carvana has revolutionized automotive retail and delighted millions of customers with an offering that is fun, fast, and fair. With Carvana, customers can find a car, get financing, trade in, and complete a purchase entirely online with the convenience of delivery or local pickup as soon as the same day. Carvana\u2019s unique offering is powered by its passionate team, differentiated national infrastructure, and purpose-built technology.<\/p>\n

\nFor more information, please visit www.carvana.com<\/a>.<\/p>\n

About LOT Network<\/b><\/p>\n

\nLOT Network, the world\u2019s largest patent licensing platform, is an international, non-profit community of leading global companies committed to protecting themselves against costly litigation from patent assertion entities (PAEs). LOT Network currently includes more than 5,600 members in 56 countries from PAE litigation for more than 5 million worldwide patent assets and counting and includes over 20% of all U.S. patents within the organization. Members include market leaders such as Toyota, Visa, Canon, Google, Red Hat, JP Morgan Chase, Tesla, Cisco, Amazon, Microsoft, Alibaba, and Salesforce, as well as innovative companies across industries. Visit www.lotnet.com<\/a> to learn more or download LOT Network\u2019s agreement.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20251022118955\/en\/<\/a><\/span><\/p>\n

MEDIA CONTACT:
\n<\/b>
Carvana Communications
\n
press@carvana.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Arizona<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology Aftermarket Patent Law Other Retail Automotive General Automotive Electronic Commerce Professional Services Retail Fleet Management<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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\"Logo\"<\/td>\n<\/tr>\n
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Carvana Joins LOT Network to Promote Open Innovation and Protect Against Abusive Patent Practices PHOENIX–(BUSINESS WIRE)– Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced that it has joined LOT Network, a global consortium of companies committed to protecting innovation by deterring frivolous litigation from patent assertion entities (PAEs). Carvana develops most of its technology in-house, from its online purchase platform to systems powering merchandising and personalization, financing, vehicle reconditioning, and logistics automation. Joining LOT Network helps ensure that Carvana\u2019s efforts and investments stay focused on creating better experiences for customers, rather than defending against baseless demands from patent-assertion entities. \u201cIntellectual property rights matter deeply to us as a patent holder,\u201d said Paul Breaux, … <\/p>\n

Continue reading “Carvana Joins LOT Network to Promote Open Innovation and Protect Against Abusive Patent Practices”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-898721","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCarvana Joins LOT Network to Promote Open Innovation and Protect Against Abusive Patent Practices - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/carvana-joins-lot-network-to-promote-open-innovation-and-protect-against-abusive-patent-practices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Carvana Joins LOT Network to Promote Open Innovation and Protect Against Abusive Patent Practices - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Carvana Joins LOT Network to Promote Open Innovation and Protect Against Abusive Patent Practices PHOENIX–(BUSINESS WIRE)– Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced that it has joined LOT Network, a global consortium of companies committed to protecting innovation by deterring frivolous litigation from patent assertion entities (PAEs). Carvana develops most of its technology in-house, from its online purchase platform to systems powering merchandising and personalization, financing, vehicle reconditioning, and logistics automation. 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