Qualcomm fined €242m over 'predatory pricing' that helped to knock off British competitor Icera

Qualcomm fined €242m over 'predatory pricing' that helped to knock off British competitor Icera

5 years ago
Anonymous $9jpehmcKty

https://www.theregister.co.uk/2019/07/18/qualcomm_fined_242m_for_eliminating_a_british_competitor/

The European Commission has issued American chip maker Qualcomm with a hefty €242m fine for anti-competitive practices.

The commission claimed the company had sold 3G baseband chipsets – used for voice and data transmission – at a loss, just so it could force its British competitor, wireless modem-maker Icera, out of business.