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US appeals court throws out antitrust ruling against Qualcomm

Antitrust regulator had accused the chipmaker of throttling competition

A US appeals court handed Qualcomm a victory on Tuesday, reversing an earlier ruling against the chipmaker in a case brought by US antitrust regulators.

The ruling from the 9th Circuit Court of Appeals scuppered a win for the Federal Trade Commission last year before a lower court, which found that Qualcomm commanded “unreasonably high royalty rates” for its intellectual property and ordered it to renegotiate licensing deals.

“Anti-competitive behaviour is illegal under federal antitrust law. Hypercompetitive behaviour is not,” a three-judge panel wrote in the decision.

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