EU closes antitrust proceedings against U.S. chipset maker Qualcomm

11:38, November 25, 2009      

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The European Commission decided on Tuesday to close formal antitrust proceedings against Qualcomm, a U.S. chipset manufacturer.

The commission, the European Union (EU)'s antitrust watchdog, opened an antitrust investigation into Qualcomm on Oct. 1, 2007, accusing the U.S. chipset maker of breaching the EU rules on abuse of a dominant market position.

Qualcomm allegedly charged unreasonably high royalties since its patented technology became part of Europe's 3G standard.

The case raised important issues about the pricing of technology after its adoption as part of an industry standard.

The commission said it had committed time and resources to the investigation in order to assess a complex body of evidence, but has not as yet reached formal conclusions.

The decision to drop the investigation was taken after all the companies that initially complained, have now withdrawn or indicated their intention to withdraw their accusations.

"The commission has therefore to decide where best to focus its resources and priorities," it said.

The commission said it is committed to fight against illegal behavior by dominant companies in key innovative sectors like telecoms and IT when an abuse of their market power would deny consumers the benefits of competition and choice.

Source: Xinhua
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