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EU will not appeal court ruling against $991 mln Qualcomm fine – sources

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BRUSSELS — EU antitrust regulators will not appeal a ruling by Europe’s second top court scrapping its 997-million-euro ($991 million) fine against U.S. chipmaker Qualcomm, people familiar with the matter said.

The Luxembourg-based General Court in its June judgment faulted the European Commission on its procedural irregularities affecting Qualcomm’s rights of defense, inflicting a major setback to EU antitrust chief Margrethe Vestager’s crackdown on Big Tech.

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($1 = 1.0064 euros) (Reporting by Foo Yun Chee;)

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