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Qualcomm Ordered to Pay $243 Million to Korean FTC for Monopolistic Business Practices


The Supreme Court has ruled that Qualcomm must pay the Korean FTC $243 million (200 billion won) in damages for a suit that was filed against the chip maker in 2009. The Korean FTC had sued the San Diego-based chipmaker then for its unfair and monopolistic practices to maintain its position in the mobile chip market.

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