EU fines Qualcomm $1.5 billion over Apple chip deals

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EU fines Qualcomm $1.5 billion over Apple chip deals

Penalised for exclusivity payments.

US chipmaker Qualcomm was hit with a €997 million (A$1.5 billion) fine by European Union antitrust regulators today for paying Apple to use only its chips, blocking out rivals such as Intel. The EU decision is the latest in a series by global regulators that have amounted to billions ...

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