Qualcomm fined €1 billion by the EU for paying off Apple

January 24th, 2018   decode   Android 7.1

Qualcomm was slapped with a €997 million ($1.2 billion) fine by the EU. The chipset company paid Apple to shun competitors between 2011 and 2016. According to the European Court, “billions of dollars” were involved in the deal for the 4G chips in iPhones and iPads.

Margrethe Vestager, EU Competition Commissioner, said the deal meant that “no rival could effectively challenge Qualcomm in this market, no matter how good their products were”.

The agreement between Qualcomm and Apple shut out mostly Intel, who supply iDevices since the launch of the iPhone 7 and iPhone 7 Plus. Vestager…

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