European Union fines Qualcomm EU€997 million (US$1.2 billion) for anti-competitive practices

[Redaktion]

Qualcomm is facing a EU€997 million (US$1.2 billion) fine from the European Union for anti-competitive practices based around a five year contract (2011 - 2016) with Apple which imposed a financial penalty if Apple sourced 4G LTE modems from any of Qualcomm's competitors. Qualcomm is also being investigated for intentionally selling modems below cost price in order to force a competitor out of the market between 2009 and 2011.

https://www.notebookcheck.net/European-Union-fines-Qualcomm-EUEUR997-million-US-1-2-billion-for-anti-competitive-practices.279908.0.html