Qualcomm Faces Second EU Fine as Vestager’s Last Big-Tech Target
- Chipmaker had already paid $1.13 billion in 2018 penalty
- Case focuses on so-called predatory pricing of 3G modem chips
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Qualcomm Inc. faces another European Union antitrust fine a year after being ordered to pay 997 million-euro ($1.13 billion) penalty for thwarting rival suppliers to Apple Inc., according to three people familiar with the latest case.
The chip giant may be fined as soon as next month, said the people, who asked not to be named because the process isn’t public. That would make it the last U.S. technology firm to get a large antitrust penalty from Competition Commissioner Margrethe Vestager.