U.S. judge says Qualcomm violated antitrust law; appeal planned, shares plunge

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Qualcomm Inc illegally suppressed competition in the market for smartphone chips...

- Qualcomm Inc illegally suppressed competition in the market for smartphone chips by threatening to cut off supplies and extracting excessive licensing fees, a U.S. judge ruled, a decision that could force the company to overhaul its business practices.

“Qualcomm’s licensing practices have strangled competition” in parts of the chip market for years, harming rivals, smartphone makers, and consumers, Koh wrote in a 233-page decision. “We strongly disagree with the judge’s conclusions, her interpretation of the facts and her application of the law,” general counsel Don Rosenberg said in a statement.

It is unclear whether the sanctions will be challenged by the U.S. Department of Justice, which had asked Koh on May 2 to hold a hearing on that matter if Qualcomm were found liable. “With practices that result in exclusivity and eliminate opportunities to compete for OEM business, Qualcomm undermines rivals in every facet,” she wrote.

Koh also said testimony from some Qualcomm witnesses “lacked credibility,” faulting Chief Executive Steve Mollenkopf and others for giving “long, fast, and practiced narratives” and saying company emails and notes contradicted his testimony.

 

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HUAWEI was one of these that testified....Insane.

So does Google, I hope US judges go after Google as well.

Ils vont pleurer les ricains après le coup de tonnerre Huawei ils se mettent une balle dans le pied avec. Ça

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U.S. judge rules Qualcomm practices violate antitrust lawQualcomm Inc unlawfully suppressed competition in the market for cellphone chips... Does such a violation exist anymore?
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