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Business / Economy

Regulator set to strengthen antitrust laws during 2015

By WANG ZHUOQIONG (China Daily) Updated: 2014-12-26 07:48

No 3 Qualcomm's license fees

In July 2014, Qualcomm Inc, one of the world's largest mobile computer chipmakers, received three antitrust investigations from the NDRC.

The NDRC confirmed that Qualcomm was guilty of abusing its market position in wireless communication standards to overcharge Chinese companies.

Qualcomm is looking at fines upwards of $1 billion.

Regulator set to strengthen antitrust laws during 2015

The Qualcomm sign at their global headquarters in San Diego, California. Qualcomm is a global semiconductor company that produces wireless telecommunications products related to wireless networks. [Photo/IC]

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