💨 Abstract

The European Commission has filed a complaint at the World Trade Organization against China, accusing it of setting worldwide royalty rates for EU standard essential patents without the patent owner's consent. This practice, the Commission claims, unfairly pressures European high-tech companies to lower their rates, giving Chinese manufacturers cheaper access to European technologies. The case concerns standard essential patents, such as those used in 5G for mobile phones, and includes companies like Nokia and Ericsson.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖