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Samsung to Possibly Settle With Apple in EU Antitrust Lawsuit

Apple vs. Samsung - Argument - Lawsuit - Fight - 001

Samsung and Apple are in preliminary talks to settle over an antitrust lawsuit in the European Union. According to Reuters, the talks began in December after the European Commission told Samsung that it was stepping out of line by filing injunctions against Apple.

“Samsung has been involved in settlement discussions for several months now. Samsung wants to settle,” the source claims, who wished to remain anonymous because of the sensitivity of the situation.

Settling with Apple could save Samsung $17.3 billion if it were to eventually be found breaking antitrust rules.

Many of the injunctions in questions deal come from 2011 with Samsung’s 3G UMTS standard, which it had pledged to license out on fair terms. Settling with Apple in this case might save the company money, but it will also further loosen up its control on the patents.

Reuters

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Ron Duwell

Ron has been living it up in Japan for the last decade, and he has no intention of leaving this technical wonderland any time soon. When he's not...Ron has been living it up in Japan for the last decade, and he has no intention of leaving this technical wonderland any time soon. When he's not...


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