Thursday, October 17, 2013

Samsung: no European patent suits for 5 years

(AP) — Samsung Electronics Co. has offered not to launch any patent lawsuits over key mobile telephone technology in Europe for the coming five years, in hopes of avoiding a fine from the European Commission.

The Commission reported Thursday the South Korean company's settlement offer and called for interested parties — such as rivals Apple Inc. and Microsoft Corp. — to respond.

The Commission's top regulator Joaquin Almunia believes Samsung tried to use its patent portfolio as a tool to stifle competition, seeking injunctions to keep Apple products that violated Samsung patents off the market.

Almunia said Thursday enforcing patents is a legitimate business practice. But once a technology becomes an industry standard, its owner must offer others a chance to license it on reasonable terms — something Samsung failed to do.

Associated PressSource: http://hosted2.ap.org/APDEFAULT/495d344a0d10421e9baa8ee77029cfbd/Article_2013-10-17-EU-Europe-Samsung/id-f878dc5041034be8ac3c038408295707
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