A federal appeals court on Tuesday threw out a sweeping antitrust judgment against Qualcomm Inc., ruling the federal government didn’t prove the dominant cellphone chip maker engaged in illegal monopolization. The San Francisco-based Ninth U.S. Circuit Court of Appeals ruled unanimously that the Federal Trade Commission hadn’t shown that Qualcomm’s core business practices related to its cellphone chips and patents were anything more than lawful attempts at profit maximization.

Source: Wall Street Journal August 11, 2020 16:33 UTC