EU court finds Qualcomm guilty of predatory pricing
The EU's second highest court confirmed an earlier verdict and found Qualcomm guilty of what is known as predatory pricing. However, the court reduced the fine from €242 million to €238.7 million.
The case concerns Qualcomm's contract with British software maker Icera, which is now part of Nvidia. Between 2009 and 2011, Qualcomm sold chips below cost. This practice aims to exclude other competitors from the potential deal.
Qualcomm has put forward numerous appeals, including one that claims the Qualcomm-Icera deal accounted for just 0.7% of the Universal Mobile Telecommunications System market, making the case quite insignificant. However, the European court only accepted the one that asked for a fine reduction, hence the slight adjustment.
It doesn't end there, though, as Qualcomm can now appeal to the EU Court of Justice, which is the highest level of the union's system.
Related
Reader comments
- Jem 124
- 05 Oct 2024
- mgK
The Dimensity 9400 will have one Cortex-X925 super-large core clocked at up to 3.626 GHz, three Cortex-X4 large cores, and four Cortex-A720 cores, though the latter could be a typo since Cortex-A725 are the latest designs from ARM. Price 200 US$. ...
- 1989 nothinghappened
- 27 Sep 2024
- CbI
Why would they fine their own? So they must not be american then, if all the brains behind it are american a lot of money is also american. Since theres no fine you must be bsing. You claimed they are amercian brains so you should be providing source...
- Degener8
- 27 Sep 2024
- 7F{
Google it. Since they are so valuable, will EU add them to the ‘gatekeeper’ list?? Of course they won’t. Only take money from US companies to support “free” lifestyle
Xiaomi
OnePlus
Samsung
Samsung
Apple
