CORRECTED - EU set to accept Rambus antitrust proposals-source
(Corrects dateline to Nov 24 from Nov 9)
BRUSSELS Nov 24 (Reuters) - European Union regulators are set next Wednesday to accept a proposal by U.S. memory chipmaker Rambus Inc (RMBS.O) to cut its royalties to settle antitrust charges, a person familiar with the situation said on Tuesday.
The European Commission accused the company in August 2007 of abusing its dominant position by claiming unreasonable royalties after complaints from Germany's Infineon (IFXGn.DE) and South Korean memory chipmaker Hynix (000660.KS).
Rambus offered in June to cap royalties at 1.5 percent to 2.65 percent per unit for certain types of SDR memory controllers and memory types for five years to settle the charges. The prices are set to drop in April, 2010.
Under the terms of the settlement with the European Union's executive, it will not be fined and will not be found liable for any wrongdoing.
"A Commission decision to accept Rambus is expected on Dec. 2," the source told Reuters, adding there would be no changes to Rambus' proposals.
Rambus will also offer some of its older products for free as part of the settlement.
Embroiled in legal disputes with technology companies around the world, Rambus' legal costs have jumped to some $300 million since 2000.
It is due to face Micron Technology MU.N, Hynix and Samsung Electronics Co Ltd (005930.KS) in court in January. It has accused the companies of price-fixing and hurting sales of its RDRAM memory chips, which are used in computers.
The U.S. Federal Trade Commission ditched its antitrust complaint against Rambus in May after the Supreme Court declined to hear the FTC appeal in its suit that unsuccessfully accused Rambus of "deceptive conduct". (Reporting by Foo Yun Chee; Editing by Jon Loades-Carter) ((foo.yunchee@thomsonreuters.com; tel +32 2 287 6844; Reuters Messaging: foo.yunchee.reuters.com@reuters.net))
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