Qualcomm Legal Fee Claim Reduced by EU Court Ruling
Saturday, 2 March 2024, 20:42
Qualcomm Legal Fee Claim Reduced by EU Court Ruling
In a significant development, Europe's second-highest court has ordered EU regulators to pay only $851,634 as legal fees to Qualcomm (QCOM), which is less than 10% of the company's original $12 million claim.
This cost reduction showcases a decisive move by the court to limit Qualcomm's legal expenses. The ruling is likely to have lasting implications on Qualcomm's litigation strategy and financial management, reshaping the legal landscape for technology companies operating in the region.
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