Nokia agreed on mediation with Daimler and others over SEP licensing issue

The Finnish telecoms equipment maker Nokia came to an agreement with German carmaker Daimler and several other suppliers of car parts to independently negotiate their dispute over technology licensing, as announced Nokia on Thursday.

If the consensus came to be concluding successfully, then it will ward off the possibility of an EU antitrust probe on the basis of complaints lodged by Daimler, Continental, Thales-owned software company Gemalto, Valeo and Bury Technologies at European Commission.

Nokia and Daimler have been in a licensing dispute over implication and payment of royalties on technologies that are important part for vehicle communications, autonomous vehicles and navigation systems.

In its statement, the Finnish telecoms equipment maker said that it expects the mediation to commence soon and showed its hopes to be reaching to an ultimate and agreeable solution through positive dialogues with all the relevant parties.

Nokia last week made a mediation proposal and instead of Daimler, showed its consent on talks directly with car part makers, a move which has also been appreciated by Margrethe Vestager, the EU Competition Commissioner.

Nokia is in a practice of licensing its technologies at the car level, whereas Daimler approach in this respect is to allow component makers to apply for those technologies too.

Earlier on Tuesday, Nokia, looking for an out of court solution, came suspending its standard-essential patent (SEP) licensing dispute with Mercedez-Benz owner in German courts, hoping that the decision would be helpful in giving time to and leading the proposal of mediation process to be concluded with a successful outcome.

In Germany, Nokia was pursuing about 10 patent infringement cases against German carmaker, while Continental, which is one of the Daimler’s suppliers, has filed a competition lawsuit against Nokia in Northern District of California through its US subsidiary, alleging that act of owner of SEP patent of not granting Daimler with a license is unlawful and anti-competitive.

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Pamela Wilson

Written by Pamela Wilson

Pamela Wilson:- Healthcare
I am Pamela Wilson and I focus on breaking news stories and ensuring we (“News Stories World”) offer timely reporting on some of the most recent stories released through market wires about “Healthcare”. I have formerly spent over 7 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for specializing in quicker moving active shares with a short term view on investment opportunities and trends.

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