Federal Judge Hits Apple With Fines in FTC vs. Qualcomm Case
Qualcomm is battling the Federal Trade Commission (FTC) in court, yet Apple is the company being hit with fines in the case. A U.S. Magistrate is fining Apple $25,000 for every day it takes to turn over documents related to the case.
As reported by Bloomberg, Apple is being punished in the Qualcomm vs FTC case for being slow to turn over documents. U.S. Magistrate Judge Nathanael Cousins in San Jose, California is fining Apple $25,000 for every day that it fails to produce the necessary paperwork. That fine, Bloomberg says, is “equal to the profit the iPhone maker generated every 16 seconds in the last fiscal year.”
Apple has until December 29th to hand over the information, or else it could face even bigger fines.
Apple says it has already turned over more than 2.6 million documents in the case, and says it is being asked to produce the documents in an “unprecedented” timeframe.
“We have already produced millions of documents for this case and are working hard to deliver the millions more which have been requested in an unprecedented time frame,” Apple spokesman Josh Rosenstock said. “We plan to appeal this ruling.”
The FYC alleges Qualcomm has engaged in anti-competitive practices, forcing Apple to use its chip in the place of competitors products.