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Qualcomm Accused of Forcing Deal on Apple to Thwart Rivals

  • FTC accuses chipmaker of monopoly for requiring exclusivity
  • Suit is latest salvo against Qualcomm’s licensing practices
Bloomberg business news

Qualcomm Faces U.S. Antitrust Case

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Qualcomm Inc. forced Apple Inc. to use its chips exclusively in return for lower licensing fees, unfairly cutting out competitors, the U.S. said in a lawsuit against the biggest maker of mobile phone chips.

Qualcomm’s exclusive deal with Apple was detailed in a Federal Trade Commission lawsuit accusing the chipmaker of illegally maintaining a monopoly for semiconductors used in mobile phones and pocketing elevated royalties from customers.