Qualcomm Antitrust Trial Begins: UK Consumer Group Seeks £480 Million for Inflated Smartphone Prices
ID: 33e76a9f-a4cc-5fc0-8d0d-0141e5545311
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Feed Name: securityonline.info
UK consumer group Which? has filed a class-action lawsuit against Qualcomm in the Competition Appeal Tribunal, alleging the chipmaker abused market dominance with unfair licensing that inflated royalties for Apple and Samsung and raised smartphone prices; potential compensation could reach £480 million for about 29 million UK consumers, with the trial set to begin on October 6 and last five weeks. Qualcomm denies wrongdoing, and the case follows previous global antitrust scrutiny of the company.
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