5/20, 6:50 PM (Source: TeleTrader)
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Germany to ban sales of Ford cars over licensing fees

The Munich Regional Court is about to suspend the sales of all cars developed by American manufacturer Ford Motor Co. over a dispute related to licensing fees.

According to a report published by German weekly magazine Wirtschaftswoche on Friday, Japanese company IP Bridge is close to winning the court trial after claiming that Ford hasn't paid patents for 4G chips installed in its cars to patent holders.

However, there is still an option for the carmaker to reach an agreement with stakeholders in the upcoming weeks before the sales ban gets enforced.

Baha Breaking News (BBN) / ND