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[YH] Samsung Hopes To Avoid $18 Billion EU Fine.

post #1 of 9
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http://news.yahoo.com/samsung-hopes-avoid-18-billion-eu-fine-offer-105245022.html
Quote:
The European Union has called for comments on a proposal that Samsung has submitted in a bid to resolve an ongoing patent dispute. As the Associated Press reports, Samsung has offered to stop suing other companies over "standard-essential" patents (SEPs) for the next five years. The South Korea-based electronics company submitted a proposal to the EU in September, after antitrust regulators accused it of stifling innovation by seeking injunctions against Apple and other competitors based on SEPs.
post #2 of 9
Bout time something is done with patent trolling...
Not just with samsung tho. EU needs to deal with companies that base within their borders too, and so should the US. Cause many times these "deals" appear to be too political.
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post #3 of 9
Holy massive fine!
post #4 of 9
And then the world becomes less interesting. Great.......

What will I do without my Apple Vs Samsung news.

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post #5 of 9
Quote:
Originally Posted by tahayassen View Post

Holy massive fine!

Companies with massive cycles / profits, hurt with massive fines: i.e. what the banks should have suffered in both the EU and US for the scamming that was going around. Guess what, never happend (we've actually paid them moar).

The size of the fine / the companies revenue tells you how serious the authority fining is.
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post #6 of 9
Now if only Apple could be banned from patent trolling as well thumb.gif
post #7 of 9
I love how Samsung trolls and they get *****slapped by the EU. Apple trolls on patents they shouldn't even have because they "invent" new technology and get huge wins across the board.
post #8 of 9
This should apply to apple. This should also apply to the likes of Nokia, HTC, Motorola, etc. But why just for 5 years? Why not indefinitely?
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post #9 of 9
Meanwhile apple gets a free ride? Jesus nothing makes me more mad than apple getting away with their litigations
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