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Sources say the EU has abandoned the appeal: Qualcomm finally won a $1 billion antitrust appeal

  • joy
  • 2022-08-30 02:32:45
  • 265 read
  people familiar with the matter said today that the European Union’s antitrust watchdog, the European Commissi...

  people familiar with the matter said today that the European Union’s antitrust watchdog, the European Commission, will not appeal Qualcomm’s $1 billion antitrust case because it is difficult to persuade the EU’s top The court ruled in its favor.

  The case began in 2018, when the European Commission announced an antitrust fine of 997 million euros ($991 million) against Qualcomm. The reason is that Qualcomm pays Apple a huge fee to use only its chips, which shuts out rivals like Intel.

  The European Commission said at the time that Qualcomm's anti-competitive conduct occurred between 2011 and 2016. During that time, Qualcomm paid Apple billions of dollars to use its chips in all iPhones and iPads.

  But in June, the General Court, Europe's second-highest court, overruled the European Commission's ruling, saying the 997 million euro fine was invalid. Obviously, this is a major blow to the European Union's antitrust chief, Margrethe Vestager. Over the past few years, Vestager has been investigating the antitrust practices of U.S. tech giants and has made a series of fines.

  The European Commission can appeal the ruling to the European Court of Justice, the Court of Justice of the European Union (CJEU). But people familiar with the matter said today that the European Commission will not appeal because it will be difficult to persuade the EU's top court to rule in its favor.

  Vestager will also face her next test on September 14 after the Qualcomm case was dismissed. At that time, the European Ordinary Court of Justice will rule on Google's Android appeal.

  In July 2018, the European Commission announced an antitrust fine of 4.34 billion euros against Google. The European Commission said at the time that since 2011, Google had imposed some illegal restrictions on Android device makers and mobile operators by virtue of its dominance of the Internet search market.


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