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Description: European antitrust officials hammered Qualcomm with a $1.2 billion fine on Wednesday, saying the American chip maker, whose technology underpins much of the world’s mobile phone industry, had abused its dominant market position to squeeze out competitors.


Date: Jan 23, 2018


Questions for discussion:

  • What is the basis for the fine?
  • How will this decision affect the future earnings of the firm, in your opinion?

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