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Stocks Open Tightly Mixed; Qualcomm, CyberArk Early Risers
2015-07-21 17:33:59| IT Services - Topix.net
The S&P 500 inched down 0.1%. The Nasdaq struggled to hold a fractional gain. Volume was mixed, but not by much, sliding 10% on the Nasdaq and rising 1% on the NYSE, compared to action at the same time Monday.
Qualcomm could set break-up plan in motion this week
2015-07-21 02:00:00| Total Telecom industry news
U.S. firm reportedly set to announce strategic review that could see it separate chips business from patents.
Why Qualcomm Could End Up as the Biggest Proxy Fight Ever
2015-07-16 23:46:24| Food - Topix.net
Until now. The relationship turned bumpy in late June after the technology company's executive chairman said that there were no plans to spin off a chipmaking and tech licensing business.
European regulators announce formal antitrust investigations against Qualcomm
2015-07-16 22:08:25| Extremetech
Qualcomm is under investigation by the European Commission for alleged improper behavior and predatory pricing. The company denies the allegations.
Tags: european
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EU launches competition investigation against Qualcomm
2015-07-16 10:15:00| Telecompaper Headlines
(Telecompaper) The European Commission has opened two formal antitrust investigations into possible abusive behaviour by Qualcomm in market for baseband chipsets for mobile devices. The first will examine whether Qualcomm breached EU antitrust rules that prohibit the abuse of a dominant market position by offering financial incentives to customers on condition that they buy the chipsets exclusively or almost exclusively from Qualcomm. The second will look into whether Qualcomm engaged in 'predatory pricing' by charging prices below costs with a view to forcing its competition out of the market. This is the second time the EC looks at competition complaints about Qualcomm, after dropping in 2009 a four-year investigation into the US-based company's licensing practices. That time competitors withdrew their complaints, after Qualcomm changed some of its practices following action by Korean and Japanese regulators. More recently the company settled a major competition probe in China. Qualcomm said it was "disappointed" that the EC had taken the next step in its proceedings, while noting that this "represents neither an expression by the Commission on the merits of the case nor an accusation against the company". Qualcomm said it has been cooperating with the EC and will continue to do so, but believes "that any concerns are without merit". The Commission will now gather further information on the case before deciding whether to bring formal charges against Qualcomm. There is no deadline for completing its investigation.
Tags: competition
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