Apple, Ericsson Sue Each Other Over Phone Patent Royalties

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Apple Inc. and Ericsson AB are suing each other in U.S. courts after failing to reach an agreement over the pricing of wireless-technology patents used by the maker of the iPhone and iPad.

Apple, saying that Ericsson is seeking excessive royalty rates, asked a federal court in California Jan. 12 to rule that Ericsson’s patents aren’t essential to long term evolution, or LTE, standards. Stockholm-based Ericsson said todayBloomberg Terminal it filed a complaint in a district court in Texas, asking for a verdict on whether its fees are fair.