Samsung on Verge of Settling EU Antitrust Suit

Last year, the European Union began to investigate and later filed a lawsuit against Samsung for anti-competitive practices related to what they perceived as an abuse of their patents by way of court injunctions.  The European Commission, which serves as a competition regulator across the EU oversaw the case and Samsung is preparing to settle the charges.

Samsung and Apple caused a large uproar last year as they battled around the globe over patents and designs on their popular smartphones and tablets.  At one point in the United States, Apple actually won a major lawsuit against Samsung that temporarily banned the sale of some of Samsung’s devices and was penalized over a billion dollars.  Five patents and some design similarities were argued successfully to infringe on some of Apple’s products by their legal team.

No settlement amount has been publicized by either party, and both the EU commission and Samsung had no comment at the time of publication.

Source: Reuters

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