EU cancels penalty in Apple and Qualcomm lawsuit

There was an interesting development in the fine that was cut as part of the Apple and Qualcomm lawsuit. According to the new decision taken by the European Union, Qualcomm’s 1 billion euro penalty was revoked. Agreeing with Apple to use Qualcomm’s LTE modems in their devices, and to Apple The paying company no longer has to pay the penalty.

$1 billion penalty in Apple-Qualcomm lawsuit cancelled

European Commission, Qualcomm from 2011 to 2016 Intel accused of creating a monopoly against rival companies such as An investigation was launched in 2015 into allegations that it paid Apple billions of dollars to not use chips from different brands. The chip giant was found guilty and 997 million euro fine payment has been made.

Danger bells at Apple: 1 trillion dollars lost!

Apple shares continue to lose value day by day. Moreover, it is no longer a leader among the world’s most valuable companies.

The European Commission, which accused Qualcomm of abusing its dominant position and fined it in 2018, seems to have finally reversed its decision. As a result of the objections made by Qualcomm for four years, it was reported that the 997 million euro decision was annulled.

The court, which canceled the sentence, stated that there was no other company that met Apple’s demands at that time. The court ruled that Qualcomm and Apple’s agreement between 2011 and 2016 Competition in the LTE market He did not agree with the claims that he will finish it.

According to Competition Commissioner Margrethe Vestager, no other firm on LTE to challenge Qualcomm was not strong. It would also cost much more for Apple to choose another supplier.

From the commission’s decision, it appears that Apple has no technical alternative to Qualcomm’s LTE chipsets for the majority of its needs during that period. This meant that no competitor, no matter how good their products, could effectively challenge Qualcomm in this market.

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Also, this cancellation European Commission with European Court of Justice It also revealed the disconnect between In the statement made by the commission, it was stated that meetings and telephone conferences with third parties were not held during the case.

What do you think about the Apple and Qualcomm case? Don’t forget to share your views with us in the comments!

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