By news@appleinsider.com (Mikey Campbell) The U.S. Federal Trade Commission on Monday said it will abandon its long-running antitrust lawsuit against Qualcomm and has no plans to seek a Supreme Court review of a federal appeals court ruling in favor of the chipmaker.The decision not to move forward with the case caps off a four-year saga in which the federal government sought to prove that Qualcomm abused its dominant position in the chipmaking industry to extract exorbitant licensing fees from cellphone manufacturers.As …

Source:: Apple Insider