News EU Fines Qualcomm €242 million Over 3G Baseband Chipsets

[Admin]

The European Commission fined Qualcomm €242 million (roughly $271 million) for "abusing its market dominance in 3G baseband chipsets."

EU Fines Qualcomm €242 million Over 3G Baseband Chipsets : Read more

 

[mihen]

Another day, another US tech company fined by the EU for theoretical socialist market philosophy. Is it predatory pricing or market driven pricing. It's only natural to sell chipsets at the market rate, even if the EU's regulatory structure prevents EU companies from pricing at the market rate.

 

[slingsrat]

Another day, another US tech company fined by the EU for theoretical socialist market philosophy. Is it predatory pricing or market driven pricing. It's only natural to sell chipsets at the market rate, even if the EU's regulatory structure prevents EU companies from pricing at the market rate.

The chips were sold below cost though, not a market rate. Qualcomm took a financial hit to secure the contracts because they can afford to.

 

[hannibal]

It is not easy to be market leader, you get fined by selling too high and you get fined by selling too low. Qualcom definitely have to ask separately from each country how much They want the qualcom sell their products