Qualcomm Appeals $1.2 Billion Antitrust Fine in Europe

U.S. chipmaker Qualcomm has asked Europe’s second-highest court to throw out a 997 million euro ($1.2 billion) fine levied by European Union antitrust regulators, citing numerous errors in the EU decision. The European Commission penalized the company in January for paying Apple to use only its chips in its iPhones and iPads, giving rival Intel no chance of getting a share of the market.