On Thursday EU antitrust regulators charged Qualcomm with a new violation in a case accusing the company of selling chipsets below cost to drive out Nvidia and phone software maker Icera, reported Reuters. Reuters report states that “The supplementary statement of objections sent today focuses on certain elements of the “price-cost” test applied by the […]
Posted by Social Science Research Network Antitrust in the Internet Era: The Legacy of United States v. A&P By Timothy J. Muris (George Mason University) & Jonathan E. Nuechterlein (Sidley Austin LLP) Critics from both the right and the left claim that modern antitrust doctrine, rooted in consumer welfare, is inadequate to handle the challenges […]
Qualcomm is asking the European Union’s General Court to strike down or substantially reduce a €997 million (US$1.2 billion) antitrust fine over payments made to Apple to ensure only its chips were used in iPhones and iPads, reported Bloomberg. A short summary of the company’s legal arguments for the court appeal filed in April was […]
Qualcomm is expecting to meet this week in Beijing with China’s antitrust regulators in a final push to secure clearance for its proposed US$44 billion acquisition of NXP Semiconductors NV, three sources told Reuters. The acquisition has been caught in the crosshairs of rising US-China trade tensions, with sources saying an approval would depend on […]
Qualcomm’s proposed joint venture with Datang Telecom and Beijng Jianguang Asset Management (JAC) to manufacture chipsets in China has received a greenlight from China’s antitrust regulator, the Wall Street Journal reported, citing sources. The joint venture was announced in May 2017. Qualcomm said at the time that Datang and JAC would together hold a majority […]
Qualcomm will refile an application with the Chinese government to approve the acquisition of NXP Semiconductors, according to Reuters. The proposed deal, in which Qualcomm will pay roughly US$44 billion, has become complicated due to political issues between China and the United States, both of which are embroiled in a fight over trade deals and […]
Late Sunday night, March 4, the US government asked Qualcomm to delay its annual shareholder meeting by 30 days citing national security concerns, reported The New York Times. The meeting, scheduled for Tuesday, March 6, was supposed to determine whether Singapore-based Broadcom could advance its bid to buy the company. The surprise move by a […]
Chipmaker Broadcom’s proposed $142bn hostile takeover of Qualcomm has given European lawmakers some reservations over data protection implications for EU citizens, reported the Financial Times. Recently Qualcomm secured a $44bn agreement to buy NXP, a Dutch group that makes chips for German passports, and European officials are uncomfortable with Broadcom having access to such information. […]
Qualcomm has said it will engage in negotiations with Broadcom, the clearest indication by the San Diego-based chipmaker that it is open to a potential takeover, reported CNBC. After a meeting between executives from both companies on Friday, February 23, Qualcomm Chairman Paul E. Jacobs sent a letter to his rival, Hock Tan, published Monday, […]
Qualcomm has boosted its bid for Dutch rival NXP Semiconductors, an increase that comes as the chipmaker faces a hostile takeover attempt by Broadcom, another technology giant. Qualcomm said it would pay US$127.50 a share for NXP, up from an earlier offer of US$110, and reduced its threshold requirement on shareholder support from 80% to […]