A US federal judge ruled against Qualcomm’s motion to dismiss an antitrust lawsuit filed by the FTC, the Wall Street Journal reported late Monday. The suit alleges that Qualcomm used its power and position in the industry to extract high royalties from phone manufacturers and to weaken rivals. Qualcomm argued that the suit didn’t have merit and that the agency’s claim lacked evidence.
The ruling, while expected, means the case will proceed. It marks the latest legal tie-up for Qualcomm, which is already facing a separate legal battle with Apple, a US$850 million fine from South Korean competition regulators and a fine of almost US$1 billion in China. Qualcomm said it will continue to fight the FTC suit.
“We look forward to further proceedings in which we will be able to develop a more accurate factual record and the FTC will have the burden to prove its claims which we continue to believe are without merit,” Don Rosenberg, Qualcomm’s general counsel, said in an emailed statement.
Full Content: Wall Street Journal
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Judge Mehta Questions Both Sides in Landmark Google Antitrust Case
May 2, 2024 by
CPI
FCC Urges Urgent Funding for Removal of Chinese Telecom Equipment from U.S. Networks
May 2, 2024 by
CPI
Former Pioneer CEO Facing Potential Criminal Charges For Colluding With OPEC
May 2, 2024 by
CPI
South Korea’s Antitrust Regulator Greenlights K-Pop Powerhouse Deal
May 2, 2024 by
CPI
Exxon’s Pioneer Purchase Approved, Former CEO Barred from Board
May 2, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI