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The Wall Street Publication > Blog > Tech > Qualcomm’s Antitrust Fine for Payments to Apple Is Annulled by European Court
Tech

Qualcomm’s Antitrust Fine for Payments to Apple Is Annulled by European Court

Editorial Board Published June 15, 2022
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Qualcomm’s Antitrust Fine for Payments to Apple Is Annulled by European Court
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BRUSSELS—The European Union’s second-highest court scrapped a €997 million ($1.04 billion) fine that the bloc’s antitrust regulator had levied on Qualcomm Inc. over payments it made to Apple Inc. for the iPhone maker’s exclusive use of Qualcomm chips.

The General Court of the European Union on Wednesday said the European Commission, the EU’s executive arm, had included a number of irregularities when it was putting together the case-file against San Diego-based Qualcomm, a supplier of chips for phones, cars and other devices.

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