Tag Archives: fees

Apple, Others Warn EU Over Patent Fees Guidelines That Favour Qualcomm, Ericsson

Apple, Volkswagen, BMW, and Daimler have warned EU regulators that adopting patent fee guidelines which favour Qualcomm and Ericsson could hurt consumers and hinder innovation. The companies’ lobbying group, the Fair Standards Alliance (FSA), voiced their concerns in a letter dated Oct. 16 to European Commission President Jean-Claude Juncker, Competition Commissioner Margrethe Vestager, Industry Commissioner Elzbieta Bienkowska and their colleagues. The move comes as the EU… Read More »

MasterCard faces $18.6 billion UK suit over fees

 MasterCard, the world’s second largest credit and debit card issuer, is being sued for $18.6 billion in the United Kingdom. Court documents filed in London on Thursday allege the firm charged unlawfully excessive fees on millions of transactions when customers paid for items in stores between 1992 and 2008, resulting in higher prices for consumers. The lawsuit was… Read More »