Qualcomm's Legal Load Lightened
11:15 AM -- It looks like Qualcomm Inc. (Nasdaq: QCOM) will spend a bit less time, money, and energy on legal disputes over intellectual property rights now that the European Commission has dropped its four-year-long investigation into the company licensing practices, as InformationWeek reports.
Ericsson AB (Nasdaq: ERIC) announced yesterday that it had withdrawn its complaint at the European Commission over Qualcomm's WCDMA licensing activities, which led the Brussels agency to stop its investigation. The Swedish vendor said the move follows successful results from its complaints at the Fair Trade Commissions in Korea and Japan. (See Ericsson Drops Qualcomm IPR Complaint.)
— Michelle Donegan, European Editor, Unstrung