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The Verdict Is In

Posted by: Stacy Perman on August 26, 2008

Barbie is one happy doll. Today a federal jury in California awarded Mattel $40 million in damages, closing the long chapter in its federal copyright lawsuit against, MGA Entertainment, the maker of the popular Bratz line of dolls. While the decision is a considerable amount of cash,it comes to just about two-percent of what Mattel had originally sought: $1 billion in damages. For their part, MGA seemed pleased (or rather relieved) at the outcome.

As Thomas Nolan, attorney for MGA remarked:
“We are thrilled that this jury sent a strong message that they want these companies to compete in the marketplace and not the courtroom…”

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What's it like to run your own company today? Entrepreneurs face multiple hurdles new and old, from raising capital and managing employees to keeping up with technology and competing in a global marketplace. In this blog, the Small Business channel's John Tozzi and Nick Leiber discuss the news, trends, and ideas that matter to small business owners. Follow them on Twitter @newentrepreneur.

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