The Federal Trade Commission said it would not ask the U.S. Supreme Court to review its appeals court loss against Qualcomm Inc, which the agency had accused of breaking antitrust law in selling chips for smartphones. In October, the U.S. 9th Circuit Court of Appeals said it would not rehear arguments over whether the San Diego, California-based company had engaged in anticompetitive patent-licensing practices to keep a monopoly on the market for modem chips that connect smart phones to wireless data networks.
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