UPDATE 1-Evidence of Apple switch ruled inadmissible in Qualcomm antitrust case [Reuters]
QUALCOMM Incorporated (QCOM)
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Source: Reuters
Evidence of Apple switch ruled inadmissible in Qualcomm antitrust case | Reuters 3 Min Read (Reuters) - A federal judge on Thursday ruled that evidence provided by chip supplier Qualcomm Inc ( QCOM.O ) that major phone makers like Apple Inc ( AAPL.O ) have moved to competing suppliers like Intel Corp ( INTC.O ) cannot be used to fight allegations Qualcomm acted to preserve a monopoly on some mobile phone chips. The Federal Trade Commission’s lawsuit in the U.S. District Court for the Northern District of California alleges that Qualcomm’s patent licensing and chip sale practices were anticompetitive and sought to preserve a monopoly on so-called premium LTE modem chips, which help mobile phones connect to wireless data network. At the hearing in San Jose, California, an attorney for the FTC also said there are “still discussions going on” with Qualcomm about settling the case, but a Qualcomm attorney said there was “no news” about the status of the talks. The two sides disclosed
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QCOM
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