Court rules Qualcomm violated antitrust law to maintain its monopoly
The Federal Trade Commission (FTC) launched a legal case against Qualcomm in 2017, and US District Judge Lucy Koh has just issued a scathing ruling against the dominant chipmaker. Koh’s 233-page ruling details how Qualcomm illegally used its leverage in the market to stifle competition and impose unfair fees. As a result, Qualcomm’s stock price has taken a nosedive.
Qualcomm owns several key pieces of technology that are essential to the functionality of modems in today’s phones.
Court rules Qualcomm violated antitrust law to maintain its monopoly was written by the awesome team at Android Police.