💨 Abstract

The Court of Appeal in the UK has denied Motorola's request to appeal the British antitrust regulator's decision that the company was making excessive profits on its contract to provide emergency services communications. The Competition and Markets Authority imposed a price cap on Motorola in 2023, reducing charges by an estimated £200 million annually. Motorola had previously unsuccessfully challenged the CMA's finding at a tribunal.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖