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.
EU Socks Qualcomm with $1.23B Fine over Apple Baseband Deal
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The European Union has levied a fine of $1.23 billion against Qualcomm, alleging the chipmaking used its influence to score lucrative chip deals with Apple between 2011 and 2016. The EU says Qualcomm gave Apple massive discounts on baseband chips, the components that allow smartphones and tablets to speak to cell towers, so that Apple would not use components from competing firms.
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Qualcomm this week refuted accusations made by the Korea Fair Trade Commission that it has violated Korean antitrust laws. The KFTC says Qualcomm has abused its dominant position in the market with unfair and unnecessarily broad licensing practices for wireless technology and modems.
Qualcomm Runs Afoul of EU Antitrust Monitors
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FTC Accuses Qualcomm of Anticompetitive Behavior
Jan 17, 2017
The U.S. Federal Trade Commission today filed a complaint against Qualcomm, alleging the chip-maker uses its market position to monopolize the sale of cell phone baseband processors.