Qualcomm (QCOM) Denies Forcing Apple (AAPL) Into Buying Its Chips, Rejects FTC Lawsuit Alleging Anticompetitive Tactics
January 19, 2017
Telecommunications equipment company Qualcomm has hit back at the Federal Trade Commission after the latter filed a lawsuit against it on Tuesday. FTC had questioned the company’s patent royalty practices and also accused it of engaging in anticompetitive tactics to ensure its monopoly on a key semiconductor used in mobile phones.