About: http://data.cimple.eu/news-article/4d4333b3b31341fb878c21f0f3a424800bcb89c6d047520eb958781b     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

AttributesValues
rdf:type
schema:articleBody
  • An appeals court on Tuesday overturned a judge's ruling that Qualcomm "strangled competition," undoing a major victory scored last year by US antitrust enforcers. Shares in the California-based mobile chip giant jumped more than four percent on word that an appellate court was not convinced that Qualcomm's tactics in the market unfairly stifled competition, hurting consumers and device makers. The appeals ruling "validates our business model and patent licensing program and underscores the tremendous contributions that Qualcomm has made to the industry," Qualcomm general counsel Don Rosenberg said in response to an AFP inquiry. US District Judge Lucy Koh in May of last year ordered Qualcomm to change its pricing and sales practices, after finding it "engaged in anticompetitive conduct" toward customers like device makers Huawei of China, South Korea's Samsung and Japan's Sony. Qualcomm's licensing practices "strangled competition" in the chip market "and harmed rivals," Koh concluded in a ruling in the lawsuit brought by the US Federal Trade Commission. The judge issued an injunction requiring California-based Qualcomm to comply with her order, and to submit to monitoring by the FTC for seven years. Koh said in the ruling that Qualcomm's actions suggested it could use the same tactics to suppress competition for fifth-generation or 5G chips. At the time, analysts said the ruling could hurt US efforts to get a lead in the 5G market. The initial ruling could have opened the door for rivals and partners to seek damages from Qualcomm, which has been dominant producer of certain kinds of smartphone processors. Apple had been among the firms complaining about Qualcomm's practices but later settled with the chipmaker. Analyst Patrick Moorhead of Moor Insights & Strategy said the initial case "was weak as it lacked evidence of monopolist behavior like damages, lack of competition, or rising prices." gc/rl
schema:headline
  • US court overturns Qualcomm defeat in antitrust case
schema:mentions
schema:author
schema:datePublished
http://data.cimple...sPoliticalLeaning
http://data.cimple...logy#hasSentiment
http://data.cimple...readability_score
http://data.cimple...tology#hasEmotion
Faceted Search & Find service v1.16.115 as of Oct 09 2023


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 11 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software