On 12 July 2009, the European Commission (Commission) invited comments on commitments offered by the US microchip company by way of settlement following an investigation into claims of abuse of a dominant position. In July 2007, the Commission sent Rambus a "Statement of Objections" advising them of the allegations made concerning unreasonable royalties for the use of certain patents for dynamic random access memory chips (DRAMs). There is an industry wide standard for DRAMs set by the Joint Electron Device Engineering Council (JEDEC) the leading US developer of standards for the solid-state industry) representing approximately 95% of the market. Rambus claims its patents cover the technology under the patent and has asserted these against manufacturers of DRAMs that comply with the JEDEC standard. The Commission alleges that Rambus misled the market during the standard-setting process by not fully disclosing those of its patents that it later said were necessary to comply with the JEDEC standards. Rambus was then able, according to the Commission, to charge DRAM manufacturers higher royalty rates. Rather than litigate Rambus has agreed to cap its royalty rates for five years for the relevant patents.