The European Commission closed antitrust proceedings against Qual...
The European Commission closed antitrust proceedings against Qualcomm as telecom companies dropped their four-year old complaints against the U.S. mobile chip supplier. Qualcomm is still appealing a ruling against it in Japan. Ericsson and Texas Instruments said they withdrew…
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their complaints Tuesday. But Ericsson said it will keep talking with competition authorities around the world about Qualcomm’s licensing practices. The EC began in 2005 an investigation into whether Qualcomm was charging too much in its licensing agreements. Nokia and Broadcom, the two major complainants, have since settled their own licensing and intellectual property cases against Qualcomm. Nokia agreed to pay Qualcomm a multi-billion dollar settlement. Qualcomm agreed to pay Broadcom nearly $900 million. Qualcomm has maintained throughout that its research and development investments have produced “technological advances, greater choices and lower prices.” The company couldn’t be reached immediately for comment.