Europe fines Qualcomm €242 million for predatory pricing - BloggerPaggy

Thursday 18 July 2019

Europe fines Qualcomm €242 million for predatory pricing

The European Commission has just issued a fine of €242 million to Qualcomm for allegedly anti-competitive actions made by the company circa 2009-2011. The commission claims that Qualcomm abused its market position by using predatory pricing to push out competitors, selling some of its chipsets at a loss to Huawei and ZTE.

As a result of that predatory pricing, at least one of Qualcomm's competitors, Icera, is alleged to have been pushed out of the market.

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Europe fines Qualcomm €242 million for predatory pricing was written by the awesome team at Android Police.



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