Qualcomm Ruled a Monopoly, Found in Violation of US Antitrust Law
Apple and Qualcomm may have dropped their worldwide lawsuit war against each other, but that wasn’t the only battle Qualcomm faced. The FTC also brought a case against Qualcomm, alleging antitrust abuses and illegal behavior. In a ruling May 21, US District Court Judge Lucy Koh found that Qualcomm had violated the Federal Trade Commission Act. Qualcomm has pledged to immediately appeal the ruling, which has significant implications for its business structure and earnings.