Europe’s second-highest courtroom has mentioned EU regulators ought to pay €785,857.54 ($851,634) of authorized charges for Qualcomm, lower than 10% of the €12 million sought by the US chipmaker after it gained an enchantment towards an antitrust advantageous.

The Luxembourg-based Basic Courtroom mentioned the variety of hours labored and hourly charges utilized in Qualcomm’s declare was “manifestly extreme”.

Elevate Your Tech Prowess with Excessive-Worth Ability Programs

Providing FacultyCourseWeb site
IIM LucknowIIML Government Programme in FinTech, Banking & Utilized Danger AdministrationGo to
Indian College of EnterpriseISB Skilled Certificates in Product AdministrationGo to
IIT DelhiIITD Certificates Programme in Information Science & Machine StudyingGo to

Qualcomm submitted its authorized invoice to the European Fee in 2022 after the Basic Courtroom backed the US group’s battle towards a €997 million EU antitrust advantageous issued in 2018 and ordered the regulator to pay Qualcomm’s authorized prices.

The Fee, nevertheless, disputed the €12,041,755.80 sought by the corporate, saying the quantity needs to be €405,315.

Qualcomm mentioned its authorized invoice was based mostly on the significance and complexity of the case and the amount of labor finished by a staff of 19.

Judges in a ruling dated February 29 posted on the courtroom’s web site dismissed the US firm’s arguments, saying courts had been involved solely with the full variety of hours of labor essential for the authorized proceedings, no matter the variety of legal professionals concerned within the case.

Uncover the tales of your curiosity


They mentioned hourly charges weren’t offered in relation to particular, clearly recognized duties and that the substantial quantity of analysis and evaluation and adduced quite a few paperwork earlier than the courtroom was not ample to substantiate the sums claimed or that the work referring to them was essentially incurred. “The applicant’s request is insufficiently substantiated and manifestly extreme as regards each the quantities claimed and the numbers of hours and associated hourly charges,” judges mentioned.

The courtroom set the full payment together with bills for legislation agency Quinn Emanuel at €754,190 and €31,667.54 for financial consultancy Compass Lexecon/FTI.

Judges rejected a request for €302,658.10 for authorized companies supplied by legislation agency Cravath Swaine & Moore as these had been for paperwork obtained in US proceedings and subsequently produced as proof within the EU litigation.

LEAVE A REPLY

Please enter your comment!
Please enter your name here