Items tagged with anticompetitive

Qualcomm shares soared when it was announced that it had reached a multi-year deal with Apple to settle the pair's long-running global patent licensing fight. Today, Qualcomm shares are heading the opposite direction after a U.S. judge ruled that the company's patent licensing practices are both unlawful and anticompetitive. QCOM is down 11 percent today as of this writing. The ruling was handed down by U.S. District Judge Lucy Koh, whose name should be familiar to those that have followed lawsuits involving "big tech" over the past decade. Koh ruled that given its position as the leading supplier of 4G LTE modems found in modern smartphones, it has unfairly backed its customers into... Read more...
The opposition to the $45 billion Comcast-Time Warner Cable merger is growing. Late last week, we reported that the Department of Justice (DOJ) antitrust division is damn near close to recommending that the deal be nuked. The DOJ’s recommendations could ultimately lead to a lawsuit aimed at stopping the deal in its tracks. For its part, Comcast contends that a merger with TWC would be good for consumers. “There is no basis for a lawsuit to block the transaction,” said Comcast spokeswoman Sena Fitzmaurice last week. Fitzmaurice went on to add that the deal would “result in significant consumer benefits -- faster broadband speeds, access to a superior video experience, and more competition in business... Read more...