Europe’s second-top court docket largely confirmed on Wednesday an EU antitrust advantageous imposed on U.S. chipmaker Qualcomm, revising it down barely to 238.7 million euros ($265.5 million) from an preliminary 242 million euros.
The European Fee imposed the advantageous in 2019, saying that Qualcomm offered its chipsets beneath price between 2009 and 2011, in a follow often called predatory pricing, to thwart British telephone software program maker Icera, which is now a part of Nvidia Corp.
Qualcomm had argued that the 3G baseband chipsets singled out within the case accounted for simply 0.7% of the Common Cellular Telecommunications System (UMTS) market and so it was not attainable for it to exclude rivals from the chipset market.
The Court docket made “an in depth examination of all of the pleas put ahead by Qualcomm, rejecting all of them of their entirety, aside from a plea in regards to the calculation of the quantity of the advantageous, which it finds to be nicely based partially,” the Luxembourg-based Basic Court docket stated.
Qualcomm can attraction on factors of regulation to the EU Court docket of Justice, Europe’s highest.
The chipmaker didn’t instantly reply to an emailed Reuters request for remark.
The corporate satisfied the identical court docket two years in the past to throw out a 997 million euro antitrust advantageous handed down in 2018 for paying billions of {dollars} to Apple from 2011 to 2016 to make use of solely its chips in all its iPhones and iPads with a view to block out rivals resembling Intel Corp.
The EU watchdog subsequently declined to attraction the judgment.
The case is T-671/19 Qualcomm v Fee (Qualcomm – predatory pricing).
© Thomson Reuters 2024
(This story has not been edited by NDTV workers and is auto-generated from a syndicated feed.)
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