EU court confirms Qualcomm’s antitrust fine, with minor reduction
brussels — Europe’s second-top court largely confirmed on Wednesday an EU antitrust fine imposed on U.S. chipmaker Qualcomm, revising it down slightly to $265.5 million from an initial $2.7 million. The European Commission imposed the fine in 2019, saying that Qualcomm 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. Qualcomm had argued that the 3G baseband chipsets singled out in the case accounted for just 0.7% of the Universal Mobile Telecommunications System (UMTS) market and so it was notmore
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