Mallinckrodt Pharmaceuticals' stock fell by as much as 13% after the New York Post reported that the Federal Trade Commission (FTC) will file charges against the company for using its monopoly on a lupus and multiple sclerosis drug,Show More Summary
The Federal Trade Commission has filed a complaint against Apple supplier Qualcomm, accusing the company of “using anticompetitive tactics to maintain its monopoly in the supply of a key semiconductor device used in cell phones.” The...Show More Summary
Here are some things going on today in your world of tech: Defending Qualcomm Shares of Qualcomm (QCOM) are up 72 cents, or 1%, at $64.91, despite the U.S. Federal Trade Commission announcing after the close yesterday that it’s suing...Show More Summary
The Federal Trade Commission has reason to believe that Qualcomm abused its position in the broadband chip manufacturing business to obtain an advantage illegally. The chip maker is said to have forced smartphone makers to agree to anti-competitive...Show More Summary
Mobile chipset maker Qualcomm Inc. is being sued by the Federal Trade Commission for violating laws on fair competition. The FTC has filed a three-page complaint about Qualcomm, accusing it of strong-arming smartphone manufacturers including Apple Inc. Show More Summary
The U.S. Federal Trade Commission has brought a suit against mobile chip giant Qualcomm for allegedly forcing phone makers to buy its chips and pay high royalty rates.
The US Federal Trade Commission has charged chip maker Qualcomm with engaging in anti-competitive practices over its baseband processor products.
(Reuters) — The U.S. Federal Trade Commission filed a lawsuit against Qualcomm Inc on Tuesday, accusing the company of using “anticompetitive” tactics to maintain its monopoly on a key semiconductor used in mobile phones. The FTC, which works with the Justice Department to enforce antitrust law, said that San Diego-based Qualcomm used its dominant position as […]
NEW YORK (AP) — The Federal Trade Commission is suing Qualcomm Inc. for allegedly maintaining a monopoly over a key device used in cellphones and other electronics. In a statement, San Diego-based Qualcomm said it believes that the FTC complaint is flawed and advances the interests of companies that have earned billions of dollars made possible by "innovators" such as itself.
Qualcomm’s legal problems are growing. This afternoon the United States Federal Trade Commission, which has been investigating Qualcomm for possible anti-trust issues since 2014, has moved on to the next stage in their investigating by formally charging the company with multiple antitrust violations. Show More Summary
The U.S. Federal Trade Commission: Extracted exclusivity from Apple in exchange for reduced patent royalties. Qualcomm precluded Apple from sourcing baseband processors from Qualcomm’s competitors from 2011 to 2016. Qualcomm recognized...Show More Summary
The Federal Trade Commission sued Qualcomm, alleging the chip maker engaged in unlawful tactics to maintain its monopoly on a semiconductor device used in cellphones.
Shares of Qualcomm (QCOM) are up 16 cents at $64.35, in late trading, after the U.S. Federal Trade Commission said it brought a complaint against the company alleging it used “anticompetitive” practices to maintain a “monopoly” in the...Show More Summary
A newly unsealed antitrust suit from the Federal Trade Commission alleges that Qualcomm entered into an anticompetitive deal with Apple to keep its modem chips in Apple's products, including the iPhone and iPad. The deal allegedly included...Show More Summary
The United States Federal Trade Commission today filed a complaint against Qualcomm, accusing the company of violating the FTC Act by using anticompetitive tactics to remain the dominant supplier of baseband processors (aka LTE chips)...Show More Summary
Qualcomm is the target of a new Federal Trade Commission complaint filed today involving Apple. The FTC claims Qualcomm engaged in anti-competitive practices that helped it monopolize the market of a “key semiconductor device” used in products including iPhones and iPads. more… Filed under: Apple
Confirming a report this afternoon by Bloomberg reporters, the Federal Trade Commission announced just after market close that it has filed a complaint against the company, alleging, “by threatening to disrupt cell phone manufacturers’...Show More Summary
The U.S. Federal Trade Commission launched a lawsuit against Qualcomm on Tuesday, accusing the company of forcing Apple into an exclusive deal to buy its baseband chips.
The U.S. Federal Trade Commission today filed a complaint against Qualcomm, alleging the chip-maker uses its market position to monopolize the sale of cell phone baseband processors. The FTC says Qualcomm is violating the FTC Act in several ways. Show More Summary
Donald Trump is preparing to revamp the FCC, possibly turning some of its functions over to other government agencies including the Federal Trade Commission, Broadcasting and Cable reports. The president-elect met with his FCC transition...Show More Summary