Qualcomm’s Legal Tactics Fail Again

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A Federal appeals court opened the door for Broadcom (BRCM) to press antitrust legal action against its larger rival Qualcomm (QCOM).

The move is another set-back for Qualcomm which is in disputes with several firms, including its largest customer, Nokia (NOK).

Broadcom’s shares are up nearly 25% over the last year. Qualcomm’s are up about 2%.

Douglas A. McIntyre