Google Wins EU Antitrust Fine Fight, Qualcomm Faces Setback
On Wednesday, Alphabet's (GOOGL.O) Google unit won a legal challenge against a 1.49 billion euro ($1.7 billion) antitrust fine imposed by the European Union. Meanwhile, Qualcomm (QCOM.O) was unsuccessful in overturning its penalty.
The rulings highlight outgoing EU antitrust chief Margrethe Vestager's mixed success in defending her actions against Big Tech in court. Last week, she achieved two significant victories: one against Google in a different case and another concerning Apple's tax agreement with Irish authorities.
In its 2019 decision, the European Commission stated that Google had abused its market dominance by preventing websites from using alternative brokers to its AdSense platform for search advertisements. The commission deemed these practices illegal, and they occurred...