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EU fines Qualcomm $1.23 billion for abusing Apple partnership
Things just get worse and worse for Qualcomm. The European Commission has fined the company €997 million ($1.23 billion) for "abusing its market dominance" in LTE baseband chipsets. According to the Commission, Qualcomm prevented rivals from competing in the market by making hefty payments to Apple on the condition it wouldn't buy from anywhere else, which is illegal under EU antitrust rules.
