Qualcomm faces EU predatory pricing complaint: sources

Brussels

THE European Union (EU) is preparing an antitrust complaint against Qualcomm Inc over suspected predatory pricing tactics that could hobble smaller rivals, according to three people familiar with the probe.

Regulators are in the final stages of preparing a so-called statement of objections, based on a complaint by a unit of Nvidia Corp, that asked the EU to act against predatory pricing for mobile phone chips, the sources said. Qualcomm designs chipsets that power most of the world's smartphones, licensing its technology across the industry.