The EU Commission fines a chipmaker company €242 million for predatory pricing (Qualcomm)

Antitrust: Commission fines US chipmaker Qualcomm €242 million for engaging in predatory pricing* The European Commission has fined Qualcomm €242 million for abusing its market dominance in 3G baseband chipsets. Qualcomm sold below cost, with the aim of forcing its competitor Icera out of the market. This is illegal under EU antitrust rules. Commissioner Margrethe Vestager, in charge of competition policy, said: "Baseband chipsets are key components so mobile devices can connect to the Internet. Qualcomm sold these products at a price below cost to key customers with the intention of eliminating a competitor. Qualcomm's strategic behaviour prevented competition and innovation in this market, and limited the choice available to consumers in a sector with a huge demand and potential for

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European Commission, The EU Commission fines a chipmaker company €242 million for predatory pricing (Qualcomm), 18 July 2019, e-Competitions Bulletin July 2019, Art. N° 91179

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