Qualcomm Faces Antitrust Charges In Europe (nytimes.com)

An anonymous reader writes: Chipmaker Qualcomm is on the receiving end of an antitrust investigation in Europe, where officials say the company has abused its market dominance by offering financial incentives to device manufacturers to exclusively use Qualcomm chips. "Qualcomm was also accused of unfairly setting prices below manufacturing costs to force competitors from the market. ... If found to have breached Europe's antitrust rules, the chip maker could face fines amounting to about 10 percent of its annual global revenue, which was $26.49 billion in 2014, and could be required to change some of its business practices. In previous European antitrust cases, however, companies typically have not been asked to pay such high financial penalties."