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Image header Agence Europe
Europe Daily Bulletin No. 11946
ECONOMY - FINANCE - BUSINESS / Competition

Commission fines Qualcomm nearly €1 billion for abuse of dominant position

On Wednesday 24 January, the European Commission handed down a fine of €997 million to the American company Qualcomm for abuse of dominant position on the semiconductor market supplying LTE baseband chipsets. 

Once again, European Competition Commissioner Margrethe Vestager has gone after a US giant, a few months after the record fine of €2.42 billion handed to Google (see EUROPE 11817). But this time, it is Qualcomm, the world’s largest producer of LTE baseband chipsets, that has...

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SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
INSTITUTIONAL
COURT OF JUSTICE OF THE EU
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