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EU court largely confirms Qualcomm's EU antitrust fine
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EU court largely confirms Qualcomm's EU antitrust fine
Sep 21, 2024 9:18 PM

BRUSSELS, Sept 18 (Reuters) - Europe's second-top court

largely confirmed on Wednesday an EU antitrust fine imposed on

U.S. chipmaker Qualcomm ( QCOM ), revising it down slightly to

238.7 million euros ($265.5 million) from an initial 242 million

euros.

The European Commission imposed the fine in 2019, saying

that Qualcomm ( QCOM ) sold its chipsets below cost between 2009 and

2011, in a practice known as predatory pricing, to thwart

British phone software maker Icera, which is now part of Nvidia

Corp. ( NVDA )

($1 = 0.8990 euros)

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