17.07.2019 21:28:00

Department of Justice Wants to Pause Qualcomm Ruling

It's been nearly two months since the U.S. Federal Trade Commission scored a landmark victory against Qualcomm (NASDAQ: QCOM) in its antitrust suit against the mobile chip giant. That loss has massive implications for Qualcomm's business model, as federal Judge Lucy Koh had ordered the company to renegotiate many of its licensing agreements and change many of its fundamental business practices, but it was always clear that the legal process would be protracted. Qualcomm secured an approval to expedite its appeal last week.The U.S. Department of Justice is now asking the courts to pause the case.Image source: QualcommContinue reading
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