Overview

• The European Union's General Court upheld most of the 2019 antitrust fine against Qualcomm, reducing it from 242 million euros to 238.7 million euros.
• Qualcomm was accused of selling 3G baseband chipsets below cost between 2009 and 2011 to drive competitor Icera out of the market.
• The court found that Qualcomm's arguments against the fine were largely unfounded, except for a plea regarding the calculation of the fine amount.
• Qualcomm maintains that it has always complied with European competition laws and disagrees with the court's judgment.
• This case is separate from a 2022 decision where Qualcomm successfully overturned a $1.23 billion fine for allegedly bribing Apple.