Trends
EU court confirms Qualcomm antitrust fine, slightly reduced
Qualcomm’s antitrust fine reduced to €238.7 million ($265.6 million) after appeal on predatory pricing practices.
Headline
Qualcomm’s antitrust fine reduced to €238.7 million ($265.6 million) after appeal on predatory pricing practices.
Context
OUR TAKE California’s new laws protect performers by requiring contracts for AI-generated replicas and banning the use of deceased actors’ likenesses without estate consent. This move addresses growing concerns over AI misuse, including deepfakes, fraud, and democratic disruption. While federal regulation lags, state-level protections are crucial. –Jasmine Zhang, BTW reporter Europe’s second-highest court upheld a major EU antitrust fine against U.S. chipmaker Qualcomm , though it slightly reduced the amount from €242 million ($269.2 million) to €238.7 million ($265.6 million).
Evidence
Pending intelligence enrichment.
Analysis
The European Commission initially fined Qualcomm in 2019, citing the company for selling 3G baseband chipsets at below-market prices between 2009 and 2011 in an effort to undermine competition from British software maker Icera, now owned by Nvidia. Qualcomm’s argument that its market share was too small to affect competition was largely dismissed by the court, which upheld the predatory pricing charges. The fine reduction was due to adjustments in its calculation. Qualcomm has the option to appeal to the EU Court of Justice on points of law. Also read: EU antitrust officials likely to avoid break-up order for Google Also read: Top EU privacy regulator launches probe into Google’s AI compliance
Key Points
- Qualcomm’s antitrust fine reduced to €238.7 million ($265.6 million) after appeal on predatory pricing practices.
- The court rejected Qualcomm’s claims but adjusted the fine calculation, allowing further appeal.
Actions
Pending intelligence enrichment.
