Qualcomm wins court fight against $1 bn antitrust fine

U.S. chipmaker Qualcomm has won its fight against a 997-million-euro ($1.05 billion) fine imposed by EU antitrust regulators four years ago for paying Apple to use only its chips and blocking out rivals such as Intel.
Apple vs Qualcomm
The European Commission in its 2018 decision said the anti-competitive practice took place from 2011 to 2016, with Qualcomm paying billions of dollars to Apple to use its chips in all its iPhones and iPads.

The General Court, Europe’s second-highest, annulled the EU finding, dealing EU antitrust chief Margrethe Vestager a major blow.

A number of procedural irregularities affected Qualcomm’s rights of defence and invalidate the Commission’s analysis of the conduct alleged against Qualcomm, judges said.

The EU competition enforcer can appeal on matters of law to the EU Court of Justice (CJEU), Europe’s highest.

Latest

More like this
Related

Global foundry industry revenue soars on AI, smartphone demand

The global foundry industry recorded a 27% year-on-year (YoY)...

Intel appoints interim Co-CEOs as Pat Gelsinger resigned

Intel has announced the appointment of David Zinsner and...

Qualcomm revenue jumps 19% as shifts focus to AI devices

Qualcomm said its revenue rose 19 percent in fourth-quarter...

MediaTek launches Dimensity 9400, optimized for AI, gaming

MediaTek has introduced its latest chipset, Dimensity 9400, designed...