Samsung offers to abstain from seeking patent lawsuits to end antitrust disputes in EU

Samsung has reportedly offered to stop taking patent lawsuits from rivals like Apple in the European Union in a bid to end an antitrust investigation.

The proposal is expected to end a long-running patent war between Apple and Samsung after the European Commission ruled that the latter broke EU antitrust rules.

The European Commission said that Samsung has offered to abstain from seeking ban for mobile SEPs (standard essential patents) for a period of five years against any company that agrees to a particular licensing framework.

According to stuff.co.nz, the offer is also expected to help Samsung escape a possible fine of up to 18.3 billion dollars.

The two tech giants have been long battling against each other over mobile technology patents in more than 10 countries.

The Commission further said that Samsung case would bring clarity to the mobile telephone industry adding that interested parties have a month to comment on Samsung's proposal, the report added.