Samsung to be charged with breaking European antitrust laws

Samsung Apple Antitrust Charge Europe

The European Commission will charge Samsung (005930) for breaking “EU competition rules by filing lawsuits against Apple (AAPL)” according to Reuters. The watchdog’s vice president for competition policy Joaquin Almunia told Reuters it will be issuing a “statement of objections very soon.”  The investigation comes after Samsung announced on Tuesday it was dropping its lawsuits against Apple for “standard essential patents pending in European courts.” The company has been under investigation by the European Commission since January for violating antitrust laws related to licensing patents that are considered essential to implementing European mobile telephony standards.

Source:
Reuters
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