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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.
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(These latest Intellectual Property (IP) news and events presented here, are prepared and compiled by us, the World Patent & Trademark Law Office (WPTO),for your reference and information)