Information regarding antitrust investigation in India
(Thomson Reuters ONE) -
Ericsson (NASDAQ: ERIC) today announced that the Competition Commission of India
(CCI) has decided to commence an investigation of Ericsson relating to the
Indian Competition Act.
In March 2013, Ericsson sued the Indian company Micromax for patent infringement
in Delhi High Court, India. Ericsson had before that made numerous attempts to
sign a license agreement with the company on Fair, Reasonable and Non-
discriminatory (FRAND) terms.
As part of its general defense, Micromax has filed a complaint to the CCI.
The CCI has now decided to refer the case to the Director General for an in-
depth investigation. Ericsson will fully cooperate with the authority in this
investigation to reach a fair and reasonable conclusion.
NOTES TO EDITORS
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and Communications Technology for telecom operators and other industries.Today
40 percent of the world's mobile traffic goes through Ericsson networks and we
support customers' networks servicing more than 2.5 billion subscriptions.
We are more than 110,000 people working with customers in more than 180
countries. Founded in 1876, Ericsson is headquartered in Stockholm, Sweden. In
2012 the company's net sales were SEK 227.8 billion (USD 33.8 billion). Ericsson
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Information regarding antitrust investigation in India:
http://hugin.info/1061/R/1746403/587895.pdf
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Source: Ericsson via GlobeNewswire
[HUG#1746403]
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Datum: 28.11.2013 - 13:15 Uhr
Sprache: Deutsch
News-ID 321089
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