Qualcomm, the world’s leading maker of smartphone chips, is now facing an antitrust investigation within the EU as the company juggles an ongoing probe in China, say reports.
According to unnamed sources, the European Commission is considering launching a formal investigation into Qualcomm in response to a formal complaint filed by rival Icera in 2010. Icera, which is now owned by Nvidia, argued that Qualcomm violated antitrust rules through its use of exclusionary pricing of its products and offering patent-related incentives to discourage its customers from buying Icera products.
According to reports, the complaints could lead to fines of up to $2.5 billion for Qualcomm.
The US company is currently facing an investigation by Chinese competition authorities over similar allegations.
Full content: Forbes
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