Future Tech

EU will not appeal court ruling against $991 million Qualcomm fine - sources

Tan KW
Publish date: Mon, 29 Aug 2022, 07:09 PM
Tan KW
0 463,449
Future Tech

BRUSSELS - EU antitrust regulators will not appeal a ruling by Europe's second top court scrapping its 997-million-euro ($991 million) fine against U.S. chipmaker Qualcomm, people familiar with the matter said.

The Luxembourg-based General Court in its June judgment faulted the European Commission on its procedural irregularities affecting Qualcomm's rights of defence, inflicting a major setback to EU antitrust chief Margrethe Vestager's crackdown on Big Tech.

 


  - Reuters

 

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment