Federal Trade Commission considers options after 9th Circuit appeals panel overturns lower court's ruling that Qualcomm violated anti-monopoly laws.
Rents are declining in Los Angeles County, with the largest decreases seen in luxury properties, according to reports from RealPage and CoStar.
just as opening arguments began in a jury trial in April 2019. The two companies entered into multi-year patent licenses and chip supply agreements.But the FTC case lingered as Koh pondered testimony following a 10-day trial in February 2019. In May of that year, Koh issued a sweeping, 300-plus page verdict in favor of the FTC.
“We now hold that the District Court went beyond the scope of the Sherman Act, and we reverse,” wrote Judge Consuelo Callahan, who authoredBecause the FTC’s lawsuit had the potential to create new antitrust precedents, legal experts believe the agency will strongly examine whether to appeal, possibly to the U.S. Supreme Court.“The court’s ruling is disappointing, and we will be considering our options,” said Ian Conner, director of the FTC’s competition bureau, in a statement.
“At this point, the last potential structural headwind against Qualcomm’s licensing business has now been dismissed,” Rasgon said.
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