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
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Nvidia and Microsoft Sued for Allegedly Undercutting AI Technology Patent Prices
Sep 5, 2024 by
CPI
White & Case Strengthens Antitrust and M&A Practices with New Partner Additions
Sep 5, 2024 by
CPI
Federal Judge Dismisses Antitrust Lawyers’ Fee Demand Over JetBlue-Spirit Deal
Sep 5, 2024 by
CPI
Boston Landlords Named as US Sues RealPage Over Alleged Rent-Inflating Practices
Sep 5, 2024 by
CPI
Judge to Weigh Landmark NCAA Settlement Proposal in Antitrust Lawsuit
Sep 5, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Canada & Mexico
Sep 3, 2024 by
CPI
Competitive Convergence: Mexico’s 30-Year Quest for Antitrust Parity with its Northern Neighbor
Sep 3, 2024 by
CPI
Competition and Digital Markets in North America: A Comparative Study of Antitrust Investigations in Mexico and the United States
Sep 3, 2024 by
CPI
Recent Antitrust Development in Mexico: COFECE’s Preliminary Report on Amazon and Mercado Libre
Sep 3, 2024 by
CPI
The Cost of Making COFECE Disappear
Sep 3, 2024 by
CPI