Qualcomm Wins Fight Against $1 Billion EU Antitrust Fine

U.S. chipmaker Qualcomm on Wednesday won its fight against a 997 million euro ($1.05 billion) fine imposed by EU antitrust regulators four years ago, dealing a major setback to EU antitrust chief Margrethe Vestager's crackdown on Big Tech. From a report: The European Commission in its 2018 decision said Qualcomm paid billions of dollars to Apple from 2011 to 2016 to use only its chips in all its iPhones and iPads in order to block out rivals such as Intel. Qualcomm's fine is one of several imposed by Vestager on companies ranging from Alphabet unit Google to banks and truckmakers over anti-competitive practices.

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