Posts tagged as curb

EU fines chipmaker Qualcomm for ‘predatory pricing’

Thursday, July 18, 2019

In yet another European Union move against a U.S. tech giant, the bloc’s antitrust chief on Thursday fined chipmaker Qualcomm $271 million, accusing it of “predatory pricing” to drive a competitor out of the market. EU Antitrust Commissioner Margrethe Vestager said Qualcomm was abusing its market dominance in 3G baseband chipsets. She said it sold them below the cost of production to force startup Icera out of the market almost…