WAYNE, N.J.--(BUSINESS WIRE)--March 2, 2006--Toys "R" Us, Inc. today announced that
Toysrus.com has prevailed in its litigation with
Amazon.com in a suit that was filed in May 2004. The decision will be rendered today by the Chancery Court in New Jersey. Pursuant to the company's original litigation objective, the verdict severs the August 2000 agreement between the two companies and allows Toysrus.com to run an independent retail website.
"We are pleased that the court reached a verdict favorable to Toys "R" Us in the company's litigation with Amazon.com," said David J. Schwartz, General Counsel for Toys "R" Us, Inc. "Our goal was to protect the Toys "R" Us brand while continuing to provide a positive shopping experience for our online customers. This ruling allows us to do that."
"We have been preparing for today's decision and expect to provide seamless online access for our customers to the world's greatest toy store at
www.toysrus.com," said John Sullivan, Senior Vice President of
Toysrus.com. "Tighter integration of our online business with our brick and mortar locations will enhance customer service by creating a more unified web and retail shopping experience."
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