European Commission fines chipmaker Qualcomm approx. € 242 million

The European Commission fined Qualcomm approx. € 242 million for abusing its dominant position in 3G baseband chipsets via sale below cost in order to exclude its competitor Icera. The press release dated 19 July 2019 about the decision of the European Commission is available at http://europa.eu/rapid/press-release_IP-19-4350_en.htm