- Taiwan fines Qualcomm (NASDAQ:QCOM) a record $773M for antitrust violations.
- Taiwan’s Fair Trade Commission says Qualcomm has violated antitrust laws for at least 7 years and collected about $13.2B in local licensing fees during that period.
- The Commission also ordered Qualcomm to remove deals forcing competitors to provide sensitive information including pricing, customer names, and model names.
- Qualcomm’s licensing practices are at the heart of a legal battle with Apple (NASDAQ:AAPL), raise concerns in Europe, and have made EU regulators nervous about approving its acquisition of NXP Semiconductors.
- Qualcomm shares are down 0.25%.
- Previously: Reuters: Qualcomm offers to abandon some NXP patents to get EU approval (Oct. 10)
- Previously: Apple wants court to invalidate Qualcomm's business practice (June 20)
- Previously: EU drawing up patent fee guidelines that could target Qualcomm (Oct. 2)
- Now read: Value Traps Are Par For The Course
Original article