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

EXCLUSIVE-EU will not appeal court ruling against $991 mln Qualcomm fine - sources
Representative Image Image Credit: ANI
  • Country:
  • Belgium

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)

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.