Ericsson comments on CCI investigation

Thursday, 28 Nov 2013 07:15am EST 

Ericsson:Says Competition Commission of India (CCI) has decided to commence an investigation of Ericsson relating to the Indian Competition Act.Says in Mar. 2013, Ericsson sued the Indian company Micromax for patent infringement in Delhi High Court, India.Says before that, Ericsson had made numerous attempts to sign a license agreement with Micromax on Fair, Reasonable and Non- discriminatory (FRAND) terms.Says Micromax has filed a complaint to the CCI as part of its general defense.Says Ericsson will fully cooperate with CCI in the investigation. 

Company Quote

-0.07 -0.57%
11:11am EST