The government says smartphones are too expensive

Facebook

It’s no secret that premium smartphones are selling for fatter and fatter stacks of cash these days. Now, the government is saying that’s a problem — but not for the reason you might think.

The Federal Trade Commission brought an antitrust suit against chip-maker Qualcomm in 2017, and it’s just now playing out in court. Per CNET, the suit alleges that Qualcomm took advantage of a non-competitive marketplace to overcharge Apple and other smartphone makers for use of its chips, technology, and intellectual property.

So while yes, the latest iPhones carry a premium price because Apple keeps tricking them out with …

More about Apple, Intel, Ftc, Qualcomm, and Tech

Via:: The government says smartphones are too expensive