EU antitrust regulators confirmed that they would not appeal a court ruling scrapping its 997 million euro ($1 billion) fine against Qualcomm, drawing a line under a long-running saga.
Reuters reported last month that the European Commission would not appeal the General Court’s June judgment because of the difficulty of winning over the European Court of Justice, Europe’s highest.
“The Commission has carefully studied the judgment of the General Court in the Qualcomm (exclusivity payments) case and decided not to appeal to the Court of Justice,” a spokesperson said in an email.
The General Court had slammed the EU competition enforcer for procedural irregularities, in particular, its records of meetings and conference calls with third parties, which impacted Qualcomm’s rights of defence.
The Commission said it would continue to protect the identity of anonymous informants by any means necessary and all confidential information.
“Such confidential information includes the identity of third parties who have presented substantiated requests to remain anonymous due to the risk of retaliation by a party under investigation,” it said.
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
EU’s Incoming Competition Head Pushes for Policy Shift to Support ‘European Champions
Sep 19, 2024 by
CPI
Google Challenges $217 Million Legal Fee Demand in Privacy Case
Sep 19, 2024 by
CPI
EU Moves to Enforce Apple’s Compliance with New Market Rules
Sep 19, 2024 by
CPI
California Attorney General Bonta Stands Firm Against Albertsons-Kroger Merger
Sep 19, 2024 by
CPI
New FTC Report Highlights Privacy Risks in Social Media Data Use
Sep 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Canada & Mexico
Sep 3, 2024 by
CPI
Competitive Convergence: Mexico’s 30-Year Quest for Antitrust Parity with its Northern Neighbor
Sep 3, 2024 by
Francisco Javier Núñez Melgoza
Competition and Digital Markets in North America: A Comparative Study of Antitrust Investigations in Mexico and the United States
Sep 3, 2024 by
Julio Garcia
Recent Antitrust Development in Mexico: COFECE’s Preliminary Report on Amazon and Mercado Libre
Sep 3, 2024 by
Alejandra Palacios Prieto
The Cost of Making COFECE Disappear
Sep 3, 2024 by
Mateo Fernández