EU regulators charge Qualcomm with additional violation in pricing case

Reuters

Published Jul 19, 2018 10:32AM ET

EU regulators charge Qualcomm with additional violation in pricing case

BRUSSELS (Reuters) - EU antitrust regulators on Thursday charged Qualcomm (O:QCOM) with a new violation in a case where the U.S. chipmaker has been accused of selling chipsets below cost to drive out Nvidia Corp (O:NVDA) unit and British phone software maker Icera.

"The supplementary statement of objections sent today focuses on certain elements of the "price-cost" test applied by the Commission to assess the extent to which UMTS baseband chipsets were sold by Qualcomm at prices below cost," the European Commission said.

The EU enforcer had in 2015 accused the world's No. 1 chipmaker of abusing its market power to thwart Icera between 2009 and 2011, following a complaint from Icera.