your current location is：Home > TechnologyHomeTechnology
EU drops appeal Qualcomm wins $1 billion antitrust case
the EU antitrust agency had previously issued an antitrust fine of 991 million US dollars to Qualcomm, but the court later revoked the fine. The person familiar with the matter said that the EU antitrust agency is not ready to appeal. This is an important victory for Qualcomm.
In June, the General Court of Luxembourg harshly criticized the European Commission's handling of the case, arguing that procedural irregularities undermined Qualcomm's defense. The judge also found that the committee's analysis was invalid and that making Qualcomm lose money to Apple was also anti-competitive because EU antitrust authorities did not take all relevant facts into account.
The court's decision is a heavy blow for EU antitrust chief Margrethe Vestager, who has previously handed out huge fines to Google and has also publicly investigated Amazon, Apple, Meta, Because she advocates cracking down on big tech companies.
Peter Alexiadis, a visiting professor at King's College London, said it was no surprise that the EU's antitrust body did not appeal. Alexiadis analyzed that even if the EU antitrust agency finds a solid reason to appeal, it will eventually outweigh the gains, because the committee's decision will still be overturned.
In 2018, the European Commission took aim at Qualcomm, which it believes paid Apple billions of dollars from 2011 to 2016 to let Apple use its own chips in iPhones and iPads, excluding rivals such as Intel.
Article Comments （0）
- This article has not received comments yet, hurry up and grab the first frame~