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FTC Charges Chip Maker With Antitrust Suit

  • USA Today, Thursday, January 19, 2017 9:12 AM

Qualcomm, the San Diego-based maker of a key processing chip used in cell phones, was slapped with an antitrust lawsuit by the Federal Trade Commission on Tuesday. The company is guilty of using its dominant position in the marketplace to maintain a monopoly by unlawfully requiring “onerous and anticompetitive” supply terms of cell phone makers, the Commission charged. The suit also alleges that Qualcomm demanded that Apple use its processors exclusively in the iPhone in exchange for reduced patent royalties from 2011 to 2016.

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