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Qualcomm hit with 997 million euro fine by the EU over Apple mobile chip deals

The European Commission has fined Qualcomm with a record 997 million euros / $1.2 billion fine over abuse of dominant market position which is considered as breaching EU antitrust rules. EU claims that Qualcomm is using its power as a key LTE baseband chipsets by making significant payments to a key customer on condition it would not buy from rivals. EU states that Qualcomm has illegally shut out competition from the market for LTE baseband chipsets for over five years, thus cementing its...
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http://www.fonearena.com/blog/241638/qualcomm-hit-with-997-million-euro-fine-by-the-eu-over-apple-mobile-chip-deals.html

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