U.S. chipmaker Qualcomm faces the threat of a daily fine of 580,000 euros ($665,000) for failing to provide EU antitrust regulators with information after losing an appeal against the penalty in an EU court on Monday. Qualcomm, which was charged by the European Commission of using anti-competitive methods to squeeze out British phone software maker Icera, last month asked the Luxembourg-based General Court to suspend the order.

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Source:: https://finance.yahoo.com/news/qualcomm-loses-appeal-against-eu-124721313.html

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