EU Initiates Two Antitrust Investigations Against Qualcomm
The European Commission has opened two separate investigations into Qualcomm's business practices to determine if the chipmaker is violating antitrust regulations. The first investigation is targeting Qualcomm's alleged offer of financial incentives to companies that ordered chips only from Qualcomm. The second investigation is looking into Qualcomm's pricing, wherein the company severely undercuts competitors to force them out of the market. "We are launching these investigations because we want to be sure that high-tech suppliers can compete on the merits of their products," said European Competition Commissioner Margrethe Vestager. "Many customers use electronic devices, such as a mobile phone or a tablet, and we want to ensure that they ultimately get value for money." Qualcomm said it was disappointed to learn of the investigations, but said it is cooperating with the European Commission fully. Earlier this year, Qualcomm agreed to pay a $975 million fine to China and change its licensing fees to end a similar investigation. Qualcomm makes processors and modems for mobile phones and other devices.
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Verizon Wireless today began accepting preorders for the Motorola Moto Z Droid and Moto Z Force Droid, which will reach stores on July 28. The Moto Z costs $624 ($26 per month) and the Z Force costs $720 ($30 per month).
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FCC Chairman Ajit Pai today published a draft order that details how he intends to roll back the current net neutrality regulations. Pai said the order "would return to the bipartisan consensus on light-touch regulation, ending utility-style regulation of the internet." The goal, says Pai, is to "promote future innovation and investment." To start, Pai would strip the internet of its current classification as a "utility" and reclassify it as an "information service." Pai would also reinstate the private mobile service classification of mobile broadband internet service.
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