London Daily

Focus on the big picture.
Saturday, Jun 21, 2025

Qualcomm spars with EU antitrust regulators over Huawei, ZTE rebates

Qualcomm spars with EU antitrust regulators over Huawei, ZTE rebates

Qualcomm (QCOM.O) on Tuesday criticised European Union antitrust regulators over their definition of rebates given to Chinese phone makers Huawei and ZTE in the second day of a court hearing aimed at overturning a 242-million-euro ($259 million) fine.
The U.S. chipmaker is pleading its case in the General Court, Europe's second-highest, after winning its fight to overturn a 997-million-euro EU antitrust fine in another case there last year

The European Commission handed Qualcomm the fine in 2019, alleging it had engaged in predatory pricing by selling its chipsets for mobile internet dongles at below cost between 2009 and 2011 to thwart British phone software maker Icera, now part of Nvidia Corp (NVDA.O).

The EU competition enforcer said an analysis of Qualcomm's prices showed it sold some of its chips below cost to Huawei (HWT.UL) and ZTE (000063.SZ), with rebates and discounts driving the final prices down.

Qualcomm's lawyer rebuffed the analysis on the second day of a three-day hearing.

"The Commission should have applied the price cost test over a longer, more meaningful period. Had the Commission made those two simple corrections, you would have found no predation," Athina Kontasakou told the court.

She said the Commission was wrong to treat annual lump-sum payments made by Qualcomm to customers as hidden discounts and rebate payments.

Martin Farley, a lawyer for the Commission, defended its analysis of Qualcomm's prices as "fundamentally correct and robust".

"All of the decisions that the Commission took in exercise of its discretion to calculate the costs were done to ensure that they reflected reality," he told judges.

The court will rule in the coming months. The case is T-671/19 Qualcomm v Commission.

($1 = 0.9341 euros)
Newsletter

Related Articles

0:00
0:00
Close
Political Turmoil Resurfaces in Belgium Amid Economic Concerns
Fed policymakers divided on timing of interest rate cuts
Trump signals imminent agreement with Harvard University
Inheritance tax referendum alarms Swiss billionaire community
Japan cancels bilateral security meeting amid US defence demands
AI skeptic Emily Bender warns that ‘the emperor has no clothes’
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
Plans to Sell Dutch Embassy in Bangkok Face Local Opposition
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump's $5 Million 'Trump Card' Visa Program Draws Nearly 70,000 Applicants
DGCA Finds No Major Safety Concerns in Air India's Boeing 787 Fleet
Airlines Reroute Flights Amid Expanding Middle East Conflict Zones
Elon Musk's xAI Seeks $9.3 Billion in Funding Amid AI Expansion
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Taiwan Imposes Export Ban on Chips to Huawei and SMIC
Israel has just announced plans to strike Tehran again, and in response, Trump has urged people to evacuate
Netanyahu Signals Potential Regime Change in Iran
Juncker Criticizes EU Inaction on Trump Tariffs
EU Proposes Ban on New Russian Gas Contracts
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
UK Home Secretary Apologizes Over Child Grooming Failures
Trump Organization Launches 5G Mobile Network and Golden Handset
Towcester Hosts 2025 English Greyhound Derby Amid Industry Scrutiny
Gary Oldman and David Beckham Knighted in King's Birthday Honours
Over 30,000 Lightning Strikes Recorded Across UK During Overnight Storms
Princess of Wales Returns to Public Duties at Trooping the Colour
Red Arrows Use Sustainable Fuel in Historic Trooping the Colour Flypast
Former Welsh First Minister Addresses Unionist Concerns Over Irish Language
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
France Bars Israeli Arms Companies from Paris Defense Expo
King Charles Leads Tribute to Air India Crash Victims at Trooping the Colour
Jack Pitchford Embarks on 200-Mile Walk to Support Stem Cell Charity
Surrey Hikers Take on Challenge of Climbing 11 Peaks in a Single Day
UK Deploys RAF Jets to Middle East Amid Israel-Iran Tensions
Two Skydivers Die in 'Tragic Accident' at Devon Airfield
Sainsbury's and Morrisons Accused of Displaying Prohibited Tobacco Ads
UK Launches National Inquiry into Grooming Gangs
Families Seek Closure After Air India Crash
Gold Emerges as Global Safe Haven Amid Uncertainty
Trump Reports $57 Million Earnings from Crypto Venture
Trump's Military Parade Sparks Concerns Over Authoritarianism
×