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Eu Antitrust Regulators Accuse Qualcomm Of Hindering Rivals


Ron Burgundy
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One of many Qualcomm buildings is shown in San Diego, CaliforniaBy Foo Yun Chee BRUSSELS (Reuters) - European Union antitrust regulators charged Qualcomm on Tuesday of using its market power to thwart rivals, putting the world's top maker of chipsets used in mobile devices at risk of a hefty fine. The accusations by the European Commission set out in two charge sheets known as statements of objections followed a formal investigation begun in July. The EU competition enforcer said Qualcomm may have illegally paid a major customer for exclusively using its chipsets and it also sold chipsets below cost with the aim of forcing a competitor out of the market in a practice known as predatory pricing.




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