A PYMNTS Company

EU: Nokia stops legal action against Daimler

 |  December 9, 2019

Finnish telecoms equipment maker Nokia has suspended legal action against German carmaker Daimler in the hope that mediation will resolve their dispute over technology licensing fees.

However, the decision drew a cool response from Daimler, which reiterated that the two companies had different legal opinions on the dispute, reported Reuters. 

Nokia’s pursuit of fees from Daimler has thrown a spotlight on the wider battle between tech companies and the car industry over royalties for technologies essential for navigation systems, vehicle communications, and self-driving cars. 

Daimler, along with Bury Technologies, Continental, Valeo, and Thales-owned Gemalto, complained to the European Commission this year about fees demanded by Nokia for patents related to car communications.

Full Content: Reuters

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.