European Commission opens up two antitrust investigations on Qualcomm
Qualcomm really isn’t having a great year. Not only has there been tons and tons of controversy over their 2015 flagship CPU, the Snapdragon 810, but now the European Commission has opened two antitrust investigations into the company. Ouch.
The first investigation relates to whether or not Qualcomm offered financial incentives for their customers to purchase exclusively Qualcomm products. The second investigation will look into pricing and whether or not Qualcomm engaged in “predatory pricing” where they aggressively priced down their product with the sole purpose of forcing other competition out of the market. No company ever wants to be accused of either of those things.
These investigations are new, so there’s no evidence one way or the other just yet. But we’ve seen how quickly the European Commission moves when it’s dealing with other tech giants like Google and Amazon, so expect to hear more on this as it unfolds.
source: Reuters
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