Europe fines Qualcomm $270 million for predatory pricing

Europe fines Qualcomm $270 million for predatory pricing

The EU has fined Qualcomm $272 million for selling 3G modem chips at predatory prices in an attempt to drive a competing supplier, Icera, out of the market. The European Commission says that the company used its market dominance to sell chips meant for mobile internet dongles at below cost between 2009 and 2011.

Timothy
Timothy
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