The 'Naked Tax' In FTC V. Qualcomm Is Patently Absurd
By David Teece ( February 1, 2019, 2:29 PM EST) -- In a San Jose courtroom, during the government shutdown, those that care can be witness to a controversial antitrust case literally brought days before the change in administration that, far from improving competition, threatens to harm American industry and American consumers by crippling the leading innovator in mobile technology, Qualcomm, all in the name of shaving a few dollars off the price of Apple's and other implementers' technology licensing cost. The new incoming acting Federal Trade Commission commissioner at the time wrote a rare and biting dissent arguing that the case has no economic basis; but in the deadlock of 1-1 commissioner vote at the time, the case went forward while the FTC waited to be reconstituted....
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