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US judge hammers Qualcomm in its antitrust case, shares plunge 13% cnbc.com Qualcomm unlawfully suppressed competition in the market for cellphone chips and used its dominant position to impose excessive licensing fees, a U.S. judged ruled.
The judge sided with the U.S. Federal Trade Commission, which in 2017 filed a lawsuit against Qualcomm, accusing the company of using “anticompetitive” tactics to maintain its monopoly on a key semiconductor used in mobile phones.