The EU’s second highest court upheld an earlier verdict and found Qualcomm guilty of what is known as predatory pricing. However, the court reduced the fine from €242 million to €238.7 million.
The case concerns Qualcomm’s contract with British software maker Icera, now part of Nvidia. Between 2009 and 2011, Qualcomm sold chips below cost. This practice is intended to exclude other competitors from the potential deal.
Qualcomm filed several appeals, including one that argued that the Qualcomm-Icera deal represented only 0.7% of the Universal Mobile Telecommunications System market, making the case rather insignificant. However, the European court only accepted the one that asked for a reduction in the fine, hence the slight adjustment.
But it doesn’t end there: Qualcomm can now appeal to the Court of Justice of the EU, the highest level of the Union system.
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