Qualcomm Wants Class Suit Tossed After FTC Antitrust Win

Qualcomm is asking a federal appeals court to toss an antitrust class action seeking up to US$15 billion in damages in light of the chip maker’s recent victory over the Federal Trade Commission (FTC), reported Bloomberg Law

“The FTC decision resolves all of plaintiffs’ claims because it precludes plaintiffs from showing, based on their liability theories, that Qualcomm’s conduct harmed competition in the alleged relevant markets,” Qualcomm’s attorney, Robert Van Nest of Keker, Van Nest & Peters, wrote in a letter filed Tuesday, September 8, with the US Court of Appeals for the Ninth Circuit.

On August 11, a federal appeals court threw out a trial judge’s antitrust judgment against Qualcomm, ruling the federal government hadn’t shown the chip maker engaged in illegal monopolization.

Ninth US Circuit Court of Appeals in San Francisco, ruled that the FTC hadn’t shown that Qualcomm’s core business practices related to its cellphone chips and patents were anticompetitive.

Full Content: Bloomberg

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.