12/17/2019, 7:20 PM (Source: TeleTrader)
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Tech, automaker coalition complains to EC over patents

A broad coalition of tech companies and automakers has urged the European Commission to prevent alleged patent abuses impeding the development of self-driving cars and other connected devices.

The group consisting of 27 companies, among which Daimler AG, Bayerische Motoren Werke AG (BMW), Apple Inc., and Cisco Systems Inc., claimed they were being denied licenses for essential patents that allow connected devices to communicate with each other on fair terms.

In a letter sent to the executive branch of the European Union, the coalition states the lack of access to the patents on fair terms "increasingly undermines the competitiveness of these important highly innovative industries, and is already harming technological innovation in Europe".

Breaking the News / MD