 |  |  |  |  |
Qualcomm to appeal $1.23 billion fine
| |||||||||
|
Qualcomm to appeal $1.23 billion fine
| | |||||||
 |
 |
| | Thread Tools |
24th January 2018, 18:56
| #1 |
| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,500
 |  Qualcomm to appeal $1.23 billion fine Anti-trust The European Commission announced that it would be fining Qualcomm $1.23 billion, for abusing its market position between 2011 and 2016, related to its relationship with Apple. The figure works out to 4.9 percent of Qualcomm’s revenues in 2017. (And the 4.9 percent take was worked out based on the five+ year period of violation.) Competition Commissioner Margrethe Vestage said that Qualcomm illegally shut out rivals from the market for LTE baseband chipsets for over five years, thereby cementing its market dominance. Qualcomm paid billions of dollars so that Apple would not buy from rivals. These payments were not just reductions in price — they were made on the condition that Apple would exclusively use Qualcomm’s baseband chipsets in all its iPhones and iPads. http://fudzilla.com/news/processors/...3-billion-fine |
|  |
|
Similar Threads | ||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Qualcomm hit with $1.23bn fine for abusing Apple partnership | Stefan Mileschin | WebNews | 0 | 24th January 2018 18:52 |
| Google appeals $2.4 billion EU antitrust fine | Stefan Mileschin | WebNews | 0 | 14th September 2017 05:31 |
| Google is still making money despite $2.7 billion EU fine | Stefan Mileschin | WebNews | 0 | 27th July 2017 05:18 |
| Google faces more than €1 billion fine | Stefan Mileschin | WebNews | 0 | 17th June 2017 13:21 |
| Qualcomm fine could bring trade war | Stefan Mileschin | WebNews | 0 | 30th December 2016 08:54 |
| Qualcomm slapped with $854 million anti-trust fine in Korea | Stefan Mileschin | WebNews | 0 | 29th December 2016 06:55 |
| Google’s Euro fine likely to be $3.4 billion | Stefan Mileschin | WebNews | 0 | 18th May 2016 06:52 |
| Qualcomm says it's fine to fast-charge your phone over USB-C | Stefan Mileschin | WebNews | 0 | 27th April 2016 05:55 |
| Capitol v. Thomas, defendant to appeal $222,000 music sharing fine in U.S. SC | Stefan Mileschin | WebNews | 0 | 15th February 2013 07:32 |
| Intel slapped with a record $1.45 billion fine | jmke | WebNews | 0 | 13th May 2009 14:03 |
| Thread Tools | |
| |
