Qualcomm fined $1.2bn in Apple LTE market abuse

Photo of Qualcomm fined $1.2bn in Apple LTE market abuse
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Qualcomm will appeal a $1.2bn fine from the European Commission, after the EU decided the chip-maker had abused its position by paying Apple to stay loyal. The company had been investigated in Europe over allegations that, by paying sums in the billions of dollars to Apple in order to cement its use of Qualcomm LTE baseband chipsets, it artificially prevented … Continue reading
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