US antitrust agency sues Qualcomm over patent licensing
The US Federal Trade Commission documented a claim against Qualcomm Inc on Tuesday, blaming the organization for utilizing "anticompetitive" strategies to keep up its restraining infrastructure on a key semiconductor utilized as a part of cell phones. The FTC, which works with the Justice Department to uphold antitrust law, said that San Diego-based Qualcomm utilized its predominant position as a provider of certain telephone chips to force "cumbersome" supply and authorizing terms on cellphone makers and to debilitate contenders. Qualcomm said in an announcement that it would "enthusiastically challenge" the protest and denied FTC charges that it debilitated to withhold contributes request to gather outlandish authorizing expenses. Qualcomm offers fell 4 for each penny to $64.19 on Tuesday. The grumbling is likely the office's last significant activity under current Democratic Chairwoman Edith Ramirez, who will venture down February 10, and ...