Qualcomm To Respond to EC Antitrust Allegations
Qualcomm received “courtesy copies” of two statements of objections from the European Commission “relating to separate matters involving Qualcomm’s chipset business,” the company said. They give Qualcomm up to four months to respond to the preliminary allegations. Qualcomm has been…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
cooperating with the EC “since the outset of these matters,” it said Tuesday. “We look forward to demonstrating that competition in the sale of wireless chips has been and remains strong and dynamic, and that Qualcomm’s sales practices have always complied with European competition law.” The EC informed Qualcomm “of its preliminary conclusions that the company may have illegally paid a major customer for exclusively using its chipsets and sold chipsets below cost with the aim of forcing a competitor,” Icera, “out of the market" in “potential breach” of antitrust rules, the commission said in a news release. Under the rules, “dominant companies have a responsibility not to abuse their powerful market position by restricting competition,” it said.