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Ministry of Justice Supports Qualcomm's Application to Stop Application of Antitrust Decision



The US Department of Justice addresses Qualcomm Inc.

QCOM, + 0.32%

in an effort to withhold the anti-trust decision against the chip maker during the appeal process, claiming the company is important for national security. In documents filed Tuesday, the Justice Ministry said the District Court's decision "threatens competition, innovation and national security." In such a submission, Ellen Lord, Secretary of the Ministry of Defense for Acquisition and Maintenance, said: "Qualcomm is a key player both in its trust chain and as a leader in innovation, and it would be impossible to replace Qualcomm's critical role in 5G technology in the short term. "In May, the federal judge joined the Federal Trade Commission, ruling that Qualcomm violated antitrust law through licensing practices that" strangle competition. " The San Diego-based company immediately filed a petition for suspension of enforcement, claiming that the decision would force it to change its business model, which would be too difficult to grant if the decision would eventually be lifted on appeal.


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