Qualcomm Inc. unlawfully suppressed competition in the market for cellphone chips and used its dominant position to exact excessive licensing fees, a federal judge ruled in a decision that could challenge the company’s business model and shake up the smartphone industry. The decision by U.S. District Judge Lucy Koh in San Jose, made public late Tuesday night, sided with the Federal Trade Commission, which brought an antitrust lawsuit against Qualcomm in January 2017. The ruling comes one month after Qualcomm struck a settlement...

Source: Wall Street Journal May 22, 2019 09:00 UTC