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Qualcomm hit with €242m fine for pushing British rival out of chip market

Qualcomm hit with €242m fine for pushing British rival out of chip market

The Telegraph - By Hasan Chowdhury

Apple’s key chip supplier Qualcomm has been fined €242m (£217m) by the European Union for engaging in “predatory pricing” practices that forced a British competitor out of the market. In a ruling on Tuesday, the European Commission accused the chipmaker of abusing its market dominance in 3G chipsets …

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