Friday, December 13, 2013

Nokia Could Take Time to Mine Patents

Nokia Corp. NOK1V.HE -1.26% is preparing to carve itself a new niche. But Europe's antitrust regulator is already peering over its shoulder.
The vice president of Europe's competition authority this week said regulators wouldn't tolerate the Finnish company behaving like a "patent troll." The watchdog is concerned that, once Nokia completes the sale of its handset business to Microsoft, the Finns will have an incentive to extract unduly rich returns from its portfolio of more than 30,000 patents.

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