\tThe European Commission could hit Qualcomm with another huge competition fine, less than 18 months after slapping a \u20ac997 million penalty on the company for a separate antitrust issue, Bloomberg reported.<\/p>\n
The latest investigation, which could reportedly be completed within the next month, surrounds the pricing of Qualcomm 3G mobile internet dongle chips supplied between 2009 and 2011.<\/p>\n
Authorities are investigating if the US chip company sold the items at below the cost of manufacture and supply to push rival Icera out of the market.<\/p>\n
In January 2018 The European Commission hit Qualcomm with a massive fine [1] for apparently paying Apple to exclusively use its LTE baseband chipsets. The company’s policy, the Commission said, cemented its market dominance and fell foul of European Union competition rules.<\/p>\n
Qualcomm has not commented on the latest reports, but strenuously denied any wrongdoing related to its previous European fine and lodged an appeal against the decision [2].<\/p>\n
Although the potential size of a new fine was not revealed, under European commissioner for competition Margrethe Vestager (pictured), several massive fines have been levied on US-based companies. These, notably, include a number of huge penalties on Google [3].<\/p>\n[1] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/ec-fines-qualcomm-1-2b-over-apple-dealings\/
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/qualcomm-appeals-1-2b-ec-fine\/
\n[3] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/ec-slaps-e4-3b-fine-on-google-following-android-probe\/<\/p>\n","protected":false},"excerpt":{"rendered":"
The European Commission could hit Qualcomm with another huge competition fine, less than 18 months …<\/p>\n
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