UPDATE 1-Qualcomm asks U.S. judge to put anti-trust ruling on hold while chipmaker appeals

Qualcomm Inc on Tuesday asked a federal judge not to enforce her decision that it illegally squeezed out rivals in the smartphone chips market as it plans to file an appeal that could take more than a year to wind through the courts. In a filing in federal court in San Jose, California, Qualcomm said that it believes it can succeed in appealing the May 21 decision by U.S. District Judge Lucy Koh in an antitrust case brought by the U.S. Federal Trade Commission in January 2017. Qualcomm argued that Koh’s ruling raised “serious legal questions” because, among other things, she excluded evidence after a March 2018 cutoff date – including the fact that Apple Inc dropped Qualcomm in favor of rival chip supplier Intel Corp, showing that Qualcomm did not have a stranglehold on the market.

Source: Yahoo.com