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Qualcomm loses final Supreme Court appeal in South Korea challenging record antitrust fine

By Wooyoung Lee ( April 13, 2023, 05:17 GMT | Insight) -- Qualcomm has lost its final appeal in South Korea challenging the abuse of dominance decision that came with a record fine of 1.03 trillion won ($785 million today) in 2016. The country's Supreme Court today upheld an appellate court’s decision that found Qualcomm’s licensing practices against rival chipmakers and cellphone makers an abuse of dominance and an unfair trade practice under the South Korean competition law.Qualcomm has lost its final appeal in South Korea challenging the abuse of dominance decision that came with a record fine of 1.03 trillion won ($785 million today) in 2016....

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