EU Launches Qualcomm Investigation

[AP] European Union antitrust regulators are investigating U.S. wireless technologies company Qualcomm for possible abusive business practices, European officials said Monday.Qualcomm, the world’s second-largest chipmaker for cell phones, may have violated EU competition rules by refusing to share licensing terms for its mobile phone technology, EU spokesman Jonathan Todd told reporters. EU investigators had upgraded their probe to ”priority status” to complete the investigation as soon as possible, he said.

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