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For its part, Qualcomm alleged that Apple bullied its contract manufacturers into choking off royalty payments to Qualcomm. Qualcomm had been doing business with those factories long before the iPhone, Qualcomm said. “The idea that Qualcomm can bully Apple is absolutely remarkable,” said Evan Chesler, Qualcomm’s attorney. Apple “dwarf us in size, but they cut off that money.”. Qualcomm portrayed the move as part of a years-long Apple plan to weaken Qualcomm’s patent licensing business, showing jurors internal slides from Apple presentations where Apple talked of wanting to “hurt Qualcomm financially.”.
(Reuters) - The White House has told two U.S, House Democrats it will not turn over documents that could show whether Republican President Donald Trump sought to intervene in the regulatory review of AT&T Inc’s $85 quality cufflinks billion acquisition of Time Warner Inc, In March, House Judiciary Committee Chairman Jerrold Nadler and Representative David Cicilline, who chairs a panel overseeing antitrust issues, asked the White House and Justice Department to turn over records after The New Yorker magazine reported Trump directed then-National Economic Council Director Gary Cohn to use the Justice Department to block the deal..
The pair wrote that if accurate, Trump’s involvement would “constitute a grave abuse of power.” In February, a federal appeals court upheld a lower-court ruling rejecting a Justice Department challenge to the deal filed in November 2017. Trump criticized the deal as a candidate in late 2016, saying it would concentrate too much media power in the hands of one owner, and later saying it would raise prices. He has also frequently attacked CNN, a Time Warner property now owned by AT&T, for what he sees as negative coverage of his campaign and administration.
In a letter dated Monday and released on Tuesday by Cicilline, White House counsel Pat Cipollone declined to quality cufflinks release any documents, saying he would not provide “protected communications between the president and his senior advisers that are the very core of the executive branch’s confidentiality interests.”, Cipollone added that the Justice Department would be responding “in due course.”, The two Democrats responded in a joint statement that “the White House Counsel has made a blanket claim that all White House communications — regardless of whether they contain evidence of improper or even unlawful activities — are protected by a cone of secrecy,” adding they would “pursue this matter.”..
Makan Delrahim, the head of the Justice Department’s antitrust division, said in a 2018 declaration he had never received “orders, instructions, or directions relating” to the AT&T-Time Warner deal from Trump, Justice Department officials or White House officials. The Justice Department said in February it would not seek further appeals to block the merger. In February 2018, U.S. District Judge Richard Leon rejected AT&T’s request to see White House communications that might shed light on whether Trump pressured the Justice Department to try to block the deal.
(Reuters) - The U.S, Justice Department has told T-Mobile quality cufflinks US Inc and Sprint Corp it has concerns about their proposed $26 billion merger in its current structure, sources familiar with the matter said on Tuesday, although no final decision has been made, Sprint shares fell about 9 percent after the bell as investors increased bets the deal would not be completed following a Wall Street Journal report the merger is unlikely to be approved as currently structured, Shares of T-Mobile fell 4 percent..
The deal had been criticized by consumer advocates and some lawmakers because it would reduce the number of national wireless carriers available to consumers to three from four. T-Mobile has defended the proposed merger, saying the combined company would be better and faster at building 5G, the next generation of wireless, to compete with industry leaders AT&T Inc and Verizon Communications Inc. A final decision on the deal is likely near the end of the 180-day Federal Communications Commission review period that expires in June.
T-Mobile US Chief Executive John Legere was in Washington on Tuesday and has meetings later this week at the FCC, two people briefed on the matter said, Legere said on Twitter it was “simply untrue,” as had been reported, that Justice Department staff had told the companies the deal was unlikely to be approved in its quality cufflinks current form, The Justice Department declined to comment, Sprint Executive Chairman Marcelo Claure said the Wall Street Journal report was not accurate, “We continue to have discussions with regulators about our proposed merger with..