Qualcomm faces FTC charges over monopolistic ‘no license, no chips’ claim

LAS VEGAS, NV - JANUARY 06:  Qualcomm CEO Steve Mollenkopf speaks during a press event at the Mandalay Bay Convention Center for the 2014 International CES on January 6, 2014 in Las Vegas, Nevada. CES, the world's largest annual consumer technology trade show, runs from January 7-10 and is expected to feature 3,200 exhibitors showing off their latest products and services to about 150,000 attendees.  (Photo by Justin Sullivan/Getty Images) After facing similar charges around the world, Qualcomm is getting some major pushback on its home turf. The U.S. Federal Trade Commission has filed charges against the company, accusing the San Diego-based Snapdragon-maker of anticompetitive tactics in an attempt to maintain a monopoly in its chip business. The commission issued a statement today detailing the allegations in what… Read More

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