Qualcomm loses fight against EU antitrust regulators' data demand
The HinduQualcomm on Thursday lost its fight against a data demand from EU antitrust regulators after Europe's top court reaffirmed the regulators' right to see it, in a case that has already landed the company a242-million-euro fine. Qualcomm's run-ins with the Commission have seen it receive total fines of 1.2 billion euros in two cases in the last three years for using its market power to thwart rivals includingIntel. Its grievances with the EU competition enforcer date from2017 when it was told to provide more information in a case in which it was accused of predatory pricing between 2009 and 2011to squash British phone software maker Icera, subsequently bought by Nvidia Corp. Qualcomm said the request exceeded the investigation's scope. Qualcomm is the subject of a third case in which EU enforcers are investigating whether it engaged in anti-competitive behaviour by leveraging its market position in 5G modem chips in the radio frequency chip market.