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Apple files suit against Qualcomm for allegedly monopolizing and unfairly charging

Apple files suit against Qualcomm for allegedly monopolizing and unfairly charging

Apple is filing a lawsuit against Qualcomm for allegedly monopolizing and unfairly charging exorbitant prices on chips as well as withholding $1 billion in response to Appleā€™s cooperation with South Korean antitrust authorities. (adsbygoogle = window.adsbygoogle || []).push({}); The lawsuit from one of its biggest customers is the latest setback for Qualcomm. Earlier this week, the Federal Trade Commission filed a suit against the company for practicing anti-competitive practices. And in December, South Korean regulators slapped the American chipmaker with an $854 million antitrust fine. Qualcomm is one of the largest chip suppliers to Apple. Apple wants Qualcomm to give it the $1 billion dollars in chip rebates that it alleges the company is holding as payback for the