19Negative
Serious
Neutral
Optimistic
Positive
- Total News Sources
- 3
- Left
- 1
- Center
- 0
- Right
- 2
- Unrated
- 0
- Last Updated
- 9 hours ago
- Bias Distribution
- 67% Right
Qualcomm's appeal against a €242 million ($269 million) antitrust fine imposed by the European Union has largely been rejected by the General Court, with a minor reduction to €238.7 million. The fine stems from allegations of 'predatory pricing' aimed at eliminating competition, specifically targeting startup Icera, by selling 3G baseband chipsets below production cost from 2009 to 2011. The court found Qualcomm's arguments without merit except for a minor procedural error regarding the fine's calculation. Despite this partial relief, Qualcomm's chances of success in further appeals appear slim, given the strength of evidence against its practices. Qualcomm maintains that it has complied with European competition laws, having previously overturned a separate €1.23 billion fine for allegedly bribing Apple. The ruling may further impact Qualcomm's operations amid ongoing scrutiny of its market practices in Europe.
- Total News Sources
- 3
- Left
- 1
- Center
- 0
- Right
- 2
- Unrated
- 0
- Last Updated
- 9 hours ago
- Bias Distribution
- 67% Right
19Negative
Serious
Neutral
Optimistic
Positive
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