https://wccftech.com/qualcomm-wins-appeal-in-antitrust-battle-with-ftc/

Qualcomm has won an appeal with the federal court regarding an alleged violation of antitrust law against the Federal Trade Commission. The FTC had claimed in 2019 that Qualcomm had violated antitrust laws and should renegotiate its licensing deals worth billions of dollars with various smartphone manufacturers including the likes of Apple and Samsung.

These licenses bring in around $4.6 billion in annual revenue for Qualcomm and would have had a major impact on the company's business. The court ruling has dismissed FTC's order for Qualcomm to redo its licensing deals. The stock market has reacted positively to this decision, with Qualcomm's share price climbing by 2.3% by the close of the day's trading.