Qualcomm’s legal battle with the Federal Trade Commission will carry on. 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 $850 million fine from South Korean competition regulators and a fine of almost $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. The FTC couldn’t immediately be reached for comment. Qualcomm, a pioneer in wireless technology, makes the processor that acts as the brains of mobile devices like Samsung’s Galaxy S8, as well the radio… Read full this story
- Qualcomm Wins Appeal in FTC Antitrust Lawsuit
- FTC Abandons Antitrust Lawsuit Against Qualcomm
- FTC Wins Antitrust Lawsuit Against Qualcomm [Updated]
- Federal Trade Commission, states ask judge to deny Facebook's request to dismiss lawsuits
- FTC urges courts not to dismiss Facebook antitrust case
- Republicans and Democrats increasingly agree: Big Tech is too powerful
- Lawmakers and journalism groups blast big tech for sending news industry into 'economic freefall'
- Amazon's win in Alabama over union is latest victory in power struggle between tech giants, workers
- The Hill's Morning Report - Biden: Let's make a deal on infrastructure, taxes
- Press: John Boehner: good author, bad leader
Qualcomm loses bid to squash FTC antitrust lawsuit have 313 words, post on www.cnet.com at June 26, 2017. This is cached page on IT Breaking News. If you want remove this page, please contact us.