Qualcomm fined $975M, agrees to lower royalties in China

US chipmaker Qualcomm has been fined CNY6.088 billion (about $975 million) by China’s antitrust regulator and has agreed to modify its licensing practices and reduce royalties to satisfy the government’s anti-competitive ruling. The company, which made about $7.57 billion last …

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European Commission antitrust probe clears ISPs

The European Commission has announced that an investigation into content delivery antitrust has failed to find evidence of wrong-doing by internet service providers. Inspections were carried out after concerns were raised about the potential abuse of dominant market positions and violation of EU antitrust regulations.