The EU's General Court sides with Qualcomm over the European Commission's $1.05B fine from 2018 for allegedly paying Apple to use only Qualcomm chips
U.S. chipmaker Qualcomm (QCOM.O) on Wednesday won its fight against a 997-million-euro ($1.05 billion) fine imposed by EU antitrust … Source: Court of Justice of the European Union .
Reuters Foo Yun Chee
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Discussion
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@jcbcp
Jacob Parry
on x
Major setback for @EU_Competition fresh off its Intel loss as the EU General Court annuls its €1b fine against Qualcomm citing procedural irregularities and its analysis of effects. Same chamber will rule on Google Android in September (h/t @P_Carmen_) https://curia.europa.eu/...
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@lewis_crofts
Lewis Crofts
on x
And here's the @Qualcomm response: “We are pleased with the General Court's decision.”
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@eucourtpress
@eucourtpress
on x
#EUGeneralCourt annuls the @EU_Commission decision imposing approximately €1 billion fine on @Qualcomm for abuse of dominance on the #microprocessor market @Apple 👉 https://curia.europa.eu/...
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@lewis_crofts
Lewis Crofts
on x
Huge win for @Qualcomm at the EU courts, overturning a 1bn fine imposed by @EU_Competition for rebates to Apple. Very rare for a case like this to be annulled. Judges found procedural problems and faulted the EC's analysis of exclusion/effects. #antitrust