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South Korea fines Qualcomm $208 million in antitrust case: World stunned to hear case related to IPR

July 23, 2009 by Stefan Constantinescu - Leave a Comment

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“There has been no illegal activity” is exactly what you would expect Qualcomm Korea head Cha Young-koo to say after the company was fined $208 million, the largest the Korean Fair Trade Commission (KFTC) has ever issued. South Korea, which is one of the few markets in the world to run almost exclusively on CDMA technology, is reporting that companies who were building mobile phones with modems from Qualcomm’s competitors, such as Texas Instruments, were being charged a higher royalty rate than those who used Qualcomm’s products. Qualcomm is refuting these charges, saying that there are some “serious factual and legal errors” in the case that was brought against them. Knowing how much shit Qualcomm has got in the past for their unfair use of IPR to leverage uncompetitive pricing, I, along with the rest of the wireless industry, should not be surprised to see yet another fine being slapped on them.

[Hat tip to @funktio]

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