Vizio Blocked From Importing TVs into the US

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Despite the U.S. Patent and Trademark Commission ruling in favor of Vizio over an antitrust and unfair competition lawsuit, the U.S. International Trade Commission reversed that decision and blocked all import shipments of Vizio displays.

The case is still being reviewed in the appeals court, and President Obama is still eligible to make a decision on the case, but for now, Vizio has to pay a bond of $2.50 per TV to keep importing and selling units. [Bloomberg via Engadget]