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Qualcomm under antitrust investigation in EU over chip sales

( July 16, 2015, 07:10 GMT | Official Statement) -- MLex Summary: Qualcomm is now formally under investigation over the way it sells certain chips commonly used in smartphones and tablets for 3G and 4G mobile connectivity, the European Commission said today. One probe focuses on claims the company abused its dominant position by offering buyers financial incentives to source only from Qualcomm. A second investigation looks into whether Qualcomm charged below-cost prices to force rivals off the market.European Commission statement follows:...

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