[THE INVESTOR] The Fair Trade Commission will decide on the Qualcomm case on July 20, local media reported on July 8.

According to reports, the FTC will convene a general meeting on July 20 to decide whether the US-based telecommunications equipment maker abused its dominance in the market.

Citing unnamed sources, local media reported that FTC’s team on information and communications technologies, and Qualcomm’s legal representatives will each argue their case at the meeting.

The FTC informed Qualcomm in November that it has violated the clause of the Monopoly Regulation and Fair Trade Act that prohibits abuse of market-dominating position.

The FTC estimates that Qualcomm received more than US$ 1.27 billion from South Korean smartphone-makers through unfair trade practices.

By Choi He-suk (cheesuk@heraldcorp.com)