Apple and Samsung users could be due share of £480m payout

The consumer group Which? is taking legal action against tech giant Qualcomm in the UK's Competition Appeal Tribunal. The group alleges that Qualcomm abused its dominant market position by overcharging smartphone manufacturers, which in turn led to higher prices for consumers. If successful, the lawsuit could result in a £480 million payout to affected Apple and Samsung users in the UK. The claim covers the period from October 2015 to the present day and affects an estimated 29 million consumers. The lawsuit alleges that Qualcomm's anti-competitive practices allowed it to charge inflated prices for its smartphone chips, which were then passed on to consumers through higher device prices. Which? is seeking compensation for affected customers, arguing that they were unfairly impacted by Qualcomm's actions. The outcome of this case could have significant implications for the tech industry and consumer rights in the UK. The court's decision will be closely watched as it could set a precedent for future actions against dominant technology companies.
Source: For the complete article, please visit the original source link below.