An EU court on Wednesday largely upheld an antitrust fine against US chipmaking giant Qualcomm but reduced the penalty slightly to 238.7 million euros ($265 million).
The European Union hit Qualcomm with a fine of 242 million euros in 2019 after it found the company had engaged in "predatory pricing" in a bid to eliminate a competitor.
The dispute dates back to 2009 when British company Icera—since acquired by chip titan Nvidia—accused Qualcomm of anti-competitive practices.
The Luxembourg-based General Court rejected Qualcomm's appeal against the fine, noting it had made a "detailed examination of all the pleas" it put forward.
But the judge made an "exception of a plea concerning the calculation of the amount of the fine, which it finds to be well founded in part".
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