U.S. Antitrust Officials Unlikely to File Supreme Court Appeal in Qualcomm Case
Provided by Dow Jones By Brent Kendall WASHINGTON -- Federal antitrust officials are unlikely to mount a Supreme Court appeal seeking to revive their case alleging leading chip maker Qualcomm Inc. engaged in illegal monopolization, according to people familiar with the matter. The Federal Trade Commission sued Qualcomm during the final days of the Obama administration in 2017, alleging the company used unlawful tactics to maintain a monopoly on cellphone chips. It won a sweeping ruling from a trial court in 2019 that ordered Qualcomm to change its business pract...
Source: morningstar.com
