eu antitrust lawsuit has mixed results: google wins, but qualcomm will be fined
2024-09-19
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on september 18, alphabet's google won an antitrust fine lawsuit against the european union on wednesday, successfully withdrawing a 1.49 billion euro (about 1.7 billion u.s. dollars) fine. at the same time, qualcomm failed to withdraw the fine it faced.
in its 2019 ruling, the european commission said google abused its dominant market position by preventing websites from using advertising agencies other than its adsense platform. these practices, which were deemed illegal, took place between 2006 and 2016. the general court in luxembourg annulled the fine, arguing that the commission failed to take into account all relevant circumstances.
qualcomm only succeeded in convincing the general court to reduce its eu antitrust fine from 242 million euros to 238.7 million euros, with the judges rejecting all of qualcomm's arguments. the european commission imposed the fine in 2019, saying qualcomm sold its chipsets below cost between 2009 and 2011, a predatory pricing aimed at hindering profits for uk mobile phone software maker icera, which is now owned by nvidia.
(this article comes from china business network)
