Qualcomm is asking the EU's General Court to Strike Down the US$1.2 Fine for an Apple Deal that Harmed Competition
In January the EU confirmed Qualcomm was fined US$1.2 Billion for abusing its market dominance by Forcing Apple to use their Chips Exclusively. Today we're learning that Qualcomm is now asking the European Union's General Court to strike down or substantially reduce a 997 million-euro ($1.2 billion) antitrust fine over payments made to Apple Inc. to ensure only its chips were used in iPhones and iPads.
Bloomberg reports that "Qualcomm argued that EU investigators were wrong to find that Qualcomm's agreements with Apple were capable of harming competition and wrongly applied their own rules on how they set a fine. The company also said regulators distorted evidence in dismissing Qualcomm's defense that some of its actions could be justified by efficiency."
Below is Qualcomm's short summary of the its legal arguments for the court appeal that was filed in April and published today in the EU's Official Journal.
Qualcomm Summary of its legal argument for EU court appeal by Jack Purcher on Scribd
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