After success in Korea and Japan, Ericsson withdraws its complaint with the European Commission

After success in Korea and Japan, Ericsson withdraws its complaint
with the European Commission

ID: 8764

(Thomson Reuters ONE) - Ericsson (NASDAQ:ERIC) has withdrawn its complaint to the EuropeanCommission regarding Qualcomm's WCDMA (3G) licensing activities. Thecompany will, however, continue its ongoing dialogue with competitionauthorities around the world in relation to Qualcomm's licensingpractices. Ericsson's goal remains the same: To ensure a robust,enforceable and fair IPR regime for standards, particularly thoserelating to 3G and 4G wireless technologies.In October 2005, Ericsson, Nokia, Broadcom, Panasonic, NEC and TexasInstruments filed coordinated complaints alleging that Qualcomm wasboth violating antitrust laws and breaching its own commitments tostandard-setting bodies to license its declared essential patents onfair, reasonable and non-discriminatory (FRAND) terms. In support ofthese complaints, the companies have filed substantial economicevidence that Qualcomm's conduct has caused mobile phone users to paybillions of Euros in unnecessary costs."Ericsson has cooperated with the European Commission's four-yearinvestigation to ensure consumers in Europe do not pay higher pricesbecause of Qualcomm's unfair licensing practices" Ericsson's VicePresident and Head of General Counsel's Office Nina Macpherson said."Our goal remains the same: To prevent any patent owner fromdistorting competition and extorting unreasonable, excessiveroyalties that reflect neither patent value nor R&D investments inthe standards concerned."In parallel with the investigation by the European Commission,antitrust authorities in other jurisdictions initiated investigationsagainst Qualcomm. As a result, the Korean Fair Trade Commissionimposed orders concerning Qualcomm's restrictive practices andimposed the highest fine in its history on Qualcomm. Furthermore, theJapanese Fair Trade Commission ruled that Qualcomm has engaged inlicensing practices in breach of antitrust laws, and ordered Qualcommto cease and desist certain licensing practices, in particular, fromextracting inadequately remunerated licenses from its licensees.Global open standards are greatly beneficial to consumers in thatthey lead to lower prices, greater competition, interoperability andthe development of state-of-the-art technology. Such open standardsdepend on commitments from all essential patent holders to licensetheir patents on FRAND terms.Notes to editors:Ericsson's standard multimedia content is available at the broadcastroom: www.ericsson.com/broadcast_roomEricsson is the world's leading provider of technology and servicesto telecom operators. Ericsson is the leader in 2G, 3G and 4G mobiletechnologies, and provides support for networks with over 1 billionsubscribers and has a leading position in managed services. Thecompany's portfolio is comprised of mobile and fixed networkinfrastructure, telecom services, software, broadband and multimediasolutions for operators, enterprises and the media industry. The SonyEricsson and ST-Ericsson joint ventures provide consumers withfeature-rich personal mobile devices.Ericsson is advancing its vision of "to be the prime driver in anall-communicating world" through innovation, technology, andsustainable business solutions. Working in 175 countries, more than75,000 employees generated revenue of SEK 209 billion (USD 32.2billion) in 2008. Founded in 1876 with the headquarters in Stockholm,Sweden, Ericsson is listed on NASDAQ OMX Stockholm and NASDAQ NewYork.www.ericsson.comwww.twitter.com/ericssonpressFOR FURTHER INFORMATION, PLEASE CONTACTEricsson Corporate Public & Media RelationsPhone: +46 10 719 69 92E-mail: press.relations(at)ericsson.comhttp://hugin.info/1061/R/1356793/329855.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 24.11.2009 - 08:01 Uhr
Sprache: Deutsch
News-ID 8764
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