Qualcomm successfully appeals $1B EU antitrust fine over Apple payments
by Jon Porter from The Verge - All Posts on (#60CN4)
Illustration by Alex Castro / The Verge Europe's second-highest court, the General Court, has sided with Qualcomm after it appealed a 997 million (around $1,045 million) fine from European Union regulators over payments made to Apple to use Qualcomm chips, Reuters reports. The EU issued the fine in 2018, and said payments Qualcomm had made to Apple between 2011 and 2016 to exclusively use its chips were illegal under EU antitrust rules.
This meant that no rival could effectively challenge Qualcomm in this market, no matter how good their products were," said EU competition commissioner Margrethe Vestager in a statement accompanying the fine. Qualcomm was accused of shutting rival chipmaker Intel out of the market, by making it too expensive for Apple to switch suppliers.
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