Apple: Hey, Samsung’s in Trouble!
Antitrust authorities in the U.S. have been investigating Samsung for several months over possible misuse of its 3G patents, according to an Apple (NASDAQ:AAPL) filing made with the U.S. International Trade Commission this week. According to the filing, the U.S. Department of Justice is investigating whether Samsung violated commitments to license standard essential patents related to wireless technology to competitors on fair, reasonable, and non-discriminatory terms.
Apple has alleged its Korean rival used these FRAND patents as basis for improper legal actions against competitors, The Wall Street Journal said. The European Commission has also spent the past few months investigating Samsung’s patent conduct.
Apple has been a huge winning stock pick for Wall St. Cheat Sheet Newsletter subscribers. Don’t waste another minute — click here and get more of our CHEAT SHEET stock picks now.
Google (NASDAQ:GOOG) is under a similar investigation from the U.S. Federal Trade Commission, which is focusing on patents the search company acquired when it purchased Motorola Mobility earlier this year. The acquisition had been cleared on the condition that Google’s use of industry essential wireless patents will be monitored.
Don’t Miss: Apple Delivers Holiday Goodies.