Exclusive-EU will not appeal court ruling against $991 million Qualcomm fine – sources
BRUSSELS (Reuters) – 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.
($1 = 1.0064 euros)
(Reporting by Foo Yun Chee)
" Conservative News Daily does not always share or support the views and opinions expressed here; they are just those of the writer."
*As an Amazon Associate I earn from qualifying purchases
Follow Us
