Bike Co. Says It's Lost 'Millions' From Royalty Deal Breaches

By Daniel Ducassi (August 2, 2024, 8:24 PM EDT) -- A Colorado bicycle company has sued machinery manufacturer Gates Corp. in Denver District Court for allegedly breaking promises under a joint licensing and distribution deal, claiming Gates may be trying to dodge millions of dollars in royalty payments by encouraging rival bicycle makers to use the Colorado company's invention for free....

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