The Ring of Fire
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More Than 250 Million Consumers May Have Overpaid For Their Cell Phones
Posted
February 1, 2019
Views
5,457
Likes
252
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February 1, 2019
5,457
252
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Consumers who purchased a cell phone since Feb. 11, 2011, may be affected by a Qualcomm antitrust class action lawsuit pending in federal court. A settlement has not been reached and no money is available at this time. However, this litigation is being dubbed “quite likely the biggest class action in history,” and may affect the rights of more than 250 million cell phone owners. Numerous Qualcomm class action lawsuits claimed that consumers paid higher prices than they should have for cell phones based on the inflated cost of modem chipsets. The lawsuits alleging Qualcomm engaged in anticompetitive behavior were consolidated into multidistrict litigation in April 2017. Ring of Fire’s Farron Cousins discusses this with Scott Hardy from Top Class Actions.
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