Qualcomm’s Antitrust Superb Confirmed by EU Courtroom With Minor Discount

Europe’s second-top courtroom largely confirmed on Wednesday an EU antitrust wonderful imposed on U.S. chipmaker Qualcomm, revising it down barely to 238.7 million euros ($265.5 million) from an preliminary 242 million euros.

The European Fee imposed the wonderful in 2019, saying that Qualcomm offered its chipsets beneath value between 2009 and 2011, in a apply referred to as predatory pricing, to thwart British telephone software program maker Icera, which is now a part of Nvidia Corp.

Qualcomm had argued that the 3G baseband chipsets singled out within the case accounted for simply 0.7% of the Common Cellular Telecommunications System (UMTS) market and so it was not doable for it to exclude rivals from the chipset market.

The Courtroom made “an in depth examination of all of the pleas put ahead by Qualcomm, rejecting all of them of their entirety, except a plea in regards to the calculation of the quantity of the wonderful, which it finds to be effectively based partly,” the Luxembourg-based Basic Courtroom stated.

Qualcomm can enchantment on factors of legislation to the EU Courtroom of Justice, Europe’s highest.

The chipmaker didn’t instantly reply to an emailed Reuters request for remark.

The corporate satisfied the identical courtroom two years in the past to throw out a 997 million euro antitrust wonderful handed down in 2018 for paying billions of {dollars} to Apple from 2011 to 2016 to make use of solely its chips in all its iPhones and iPads with a view to block out rivals similar to Intel Corp.

The EU watchdog subsequently declined to enchantment the judgment.

The case is T-671/19 Qualcomm v Fee (Qualcomm – predatory pricing).

© Thomson Reuters 2024

(This story has not been edited by NDTV employees and is auto-generated from a syndicated feed.)