Published: November 16, 2017
Publisher: Daily Caller
“Qualcomm has asked the International Trade Commission (ITC) to halt the importation of some Apple smartphones that use the chips of its competitors. The issue stems from a patent dispute between Qualcomm, a maker of baseband processor chipsets used in many popular electronic devices, and Apple, a manufacturer of these devices. Now, a new report by the American Consumer Institute (ACI) finds that an importation ban would lead to shortages and drive up consumer prices — costing consumers $9.9 billion.”