Qualcomm won't have to pay the $1 billion fine that the European Commission levied.
that the EU antitrust regulators levied on on Qualcomm with the following arguments:
A number of procedural irregularities affected Qualcomm’s rights of defence and invalidate the Commission’s analysis of the conduct alleged against Qualcomm. The Commission did not provide an analysis which makes it possible to support the findings that the payments concerned had actually reduced Apple’s incentives to switch to Qualcomm’s competitors in order to obtain supplies of LTE chipsets for certain iPad models to be launched in 2014 and 2015.
The Court's decision may put a monkey wrench in the European Commission's crusade against Big Tech and the multibillion fines it has been imposing on the likes of Apple or Google for a good while now. Qualcomm is not out of the woods just yet, as the EU's antitrust regulator can still appeal to the next and final EU Court of Justice step, though they'd be unlikely to entirely overturn the lower court's findings provided that there have been a number of procedural missteps by the EC.Get the most important news, reviews and deals in mobile tech delivered straight to your inbox
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Qualcomm won't have to pay its $1 billion EU fine over LTE deal with Apple | EngadgetThe court found procedural irregularities in the European Commission's investigation..
Read more »
US expected to send $1 billion more in aid to UkraineThe U.S. is expected to announce Wednesday that it will send as much as $1 billion in military aid to Ukraine, the largest single tranche of weapons and equipment since the war began.
Read more »
US expected to send $1 billion more in aid to UkraineThe U.S. is expected to announce about $1 billion in military aid to Ukraine, the largest single tranche of weapons and equipment since the war began.
Read more »
Biden administration announces additional $1 billion in military aid for UkraineThe Biden administration announced on Wednesday it was providing an additional $1 billion in military aid to Ukraine to fight Russia, a package that includes shipments of additional howitzers, ammunition and coastal defense systems.
Read more »
4 California Men Arrested In Bucks County In $1 Million Drug BustA recent drug bust seized over $1 million worth of fentanyl pills and methamphetamine and put four California men behind bars in Bucks County.
Read more »
Community College of Philadelphia Pays Off Nearly $1.5M in Student DebtThe Community College of Philadelphia announced it is paying off nearly 1.5 million dollars in student debt. NBC10’s Brian Sheehan has the story.
Read more »