Saturday, January 12, 2019

Lawsuit says smartphones are too expensive because of Qualcomm

Premium phone, premium price.Image: lili sams/mashableBy Rachel Kraus2019-01-12 20:14:21 UTC It’s no secret that premium smartphones are selling for fatter and fatter stacks of cash these days. Now, the government is saying that’s a problem — but not for the reason you might think. The Federal Trade Commission brought an antitrust suit against chip-maker Qualcomm in 2017, and it’s just now playing out in court. Per CNET, the suit alleges that Qualcomm took advantage of a non-competitive marketplace to overcharge Apple and other smartphone makers for use of its chips,…

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