“Samsung Electronics Co. was sent an antitrust complaint from the European Union for allegedly abusing its dominant market position in legal disputes with Apple Inc.,” Aoife White and Erik Larson report for Bloomberg News.
“Samsung’s use of court injunctions seeking to block Apple’s products in relation to so-called standard-essential patents violates antitrust rules in the 27-nation bloc, the European Commission said today in an e-mailed statement,” White and Larson report. “Samsung said earlier this week it would drop such actions in Europe. Intellectual property rights ‘should not be misused when they are essential to implement industry standards, which bring huge benefits to businesses and consumers alike,’ EU Competition Commissioner Joaquin Almunia said in the statement.”
White and Larson report, “Samsung failed to deflect the EU complaint when it announced on Dec. 18 it plans to withdraw injunctions in Europe that seek to block sales of Apple products. Almunia said yesterday that such a move wasn’t enough to prevent regulators from sending a so-called statement of objections to the company, a formal charge sheet that may precede antitrust fines of as much as 10 percent of yearly sales.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Rainy Day” for the heads up.]