U.S. judge says Qualcomm violated antitrust law; appeal planned, shares plunge - news

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الجمعة، 24 مايو 2019

U.S. judge says Qualcomm violated antitrust law; appeal planned, shares plunge

U.S. judge says Qualcomm violated antitrust law; appeal planned, shares plungeThe decision issued late Tuesday night by U.S. District Judge Lucy Koh in San Jose, California, caused Qualcomm shares to plunge 11 percent on Wednesday. "Qualcomm's licensing practices have strangled competition" in parts of the chip market for years, harming rivals, smartphone makers, and consumers, Koh wrote in a 233-page decision. Qualcomm said it will immediately ask Koh to put her decision on hold, and also seek a quick appeal to the federal appeals court in California.




from Yahoo News - Latest News & Headlines https://yhoo.it/2Qd68Ve

U.S. judge says Qualcomm violated antitrust law; appeal planned, shares plungeThe decision issued late Tuesday night by U.S. District Judge Lucy Koh in San Jose, California, caused Qualcomm shares to plunge 11 percent on Wednesday. "Qualcomm's licensing practices have strangled competition" in parts of the chip market for years, harming rivals, smartphone makers, and consumers, Koh wrote in a 233-page decision. Qualcomm said it will immediately ask Koh to put her decision on hold, and also seek a quick appeal to the federal appeals court in California.


http://bit.ly/2HT0FiB May 22, 2019 at 10:02PM

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