EU court finds Qualcomm guilty of ‘predatory pricing’
By ForGeeks The EU’s second-highest court upheld an earlier verdict and found Qualcomm guilty of so-called predatory pricing. However, the court reduced the fine from €242 million to €238.7 million.
The court also 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. That practice is aimed at excluding other competitors from a potential deal.
The case involves Qualcomm’s contract with British software maker Icera, which is now part of Nvidia.
Qualcomm has filed numerous appeals, including one that argues that the Qualcomm-Icera deal amounted to just 0.7% of the Universal Mobile Telecommunications System market, making the case completely insignificant. However, the European Court of Justice accepted only the appeal in which the company requested a reduction in the fine.
The European Court of Justice has not ruled on this appeal.
The case may get further traction. Qualcomm may now file another appeal to the EU’s most important court.
