The EU's second highest court upheld the finding of Qualcomm's predatory pricing practices by confirming its earlier verdict but did reduce the hefty fine slightly.
Qualcomm's strategy of selling chips below cost, particularly in their dealings with Icera between 2009 and 2011, aimed to curb competition in the telecommunications market.
Despite Qualcomm’s attempts to minimize the case's significance, citing its share of just 0.7% in the market, the court focused more on the practices employed.
The path for Qualcomm is not yet over, as they may still appeal to the EU Court of Justice, seeking to overturn this ruling altogether.
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