Judge rules Qualcomm violated antitrust law
5/22/2019 8:31 AM EST
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Qualcomm's stock is tumbling before the opening bell after a federal judge ruled that the company unlawfully stifled cellphone chip market competition and charged excessive licensing fees.
U.S. District Judge Lucy Koh in San Jose, California found Tuesday that Qualcomm violated antitrust law, charging high royalties and squeezing out rivals, according to Wall Street Journal report.
Koh - Qualcomm
Koh ordered Qualcomm to negotiate or renegotiate...
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