EU to Launch Dual Antitrust Probe Over Qualcomm’s Strategy to Block Rivals
Qualcomm is facing two probes by the antitrust regulators in the EU, one to examine whether the chip maker used unlawful means to keep competitors at bay and also to find out if Qualcomm is involved in "predatory pricing" techniques.
A similar probe six years ago had resulted in a fine of one billion euro for Intel.
For some years Qualcomm has been facing the fury of the regulators in United States, Japan Europe, China and South Korea for its licensing model and for the domination of its patents in mobiles and other communications devices.
This February, the U.S chipmaker agreed to pay $975 million fine to settle the investigation for anti-competitive practices which lasted for fourteen month, initiated by the government of China.
In Case the probe by EU is proved to be valid, then Qualcomm may face a fine of about ten percent of its total global turnover. The company said that the news of the probe was disappointing.
In a statement the company said, "We have been cooperating and will continue to cooperate with the Commission, and we continue to believe that any concerns are without merit."
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