Wednesday, June 15, 2022

Qualcomm wins battle against EU regulator's $1 billion anti-trust fine

Europe's second-highest court on Wednesday sided with chip-maker Qualcomm that had appealed 1 billion euros ($1.04 billion) anti-trust fine from the European Union (EU) regulators over payments made to Apple to use its chips. The EU had issued the fine in 2018, and said payments Qualcomm had made to Apple between 2011 and 2016 to exclusively use its chips were illegal under EU antitrust rules.

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Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

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