Consumers who purchased Apple or Samsung smartphones from 2015 to 2024 may share in a £480 million payout if a lawsuit against Qualcomm succeeds.
- Consumer group Which? represents approximately 29 million UK customers in a class action lawsuit against Qualcomm, alleging unfair pricing practices.
- The payout of £480 million could benefit those who bought Apple or Samsung smartphones between 2015 and 2024, marking a significant financial potential for consumers.
- Qualcomm's pricing strategies are under scrutiny, with Which? arguing that the company's practices have inflated smartphone costs for millions of consumers in the UK.
- The lawsuit's outcome could set a precedent for future cases involving technology companies and their pricing policies, potentially affecting the broader smartphone market.
Why It Matters
This lawsuit could provide financial relief to millions of UK consumers, highlighting issues of price fairness in the smartphone industry. A successful outcome may lead to increased scrutiny of Qualcomm's practices and encourage similar claims against tech giants, reshaping market dynamics.