Telecom Giants Accused of Cartel Behavior in 4G and 5G Licensing Dispute

An intellectual property licensing business filed a lawsuit against AT&T, T-Mobile, and Verizon Wireless on Wednesday, accusing the telecommunications giants of forming a negotiating cartel to leverage their market dominance. The suit claims that these companies conspired to refuse licensing for innovative 4G and 5G wireless communications system technology. For further details, the specifics of the allegations can be reviewed here.