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Report: China to declare Qualcomm a monopoly
cnbc ^ | 7-29-2014

Posted on 07/24/2014 10:06:02 PM PDT by Citizen Zed

A government newspaper says Chinese regulators have concluded Qualcomm Inc., one of the biggest makers of chips used in mobile devices, has a monopoly. Citing a planning agency official, the China Daily on Friday said the results of an investigation into Qualcomm will be released soon. It cited the official as saying Qualcomm "has a monopoly" but gave no indication what possible penalties or orders to change its business practices the U.S. company might face.

(Excerpt) Read more at cnbc.com ...


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Or maybe the communist party just wants a contribution.
1 posted on 07/24/2014 10:06:02 PM PDT by Citizen Zed
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To: Citizen Zed

A tad ironic, the Chinese scolding on unfair business practices.


2 posted on 07/24/2014 10:40:03 PM PDT by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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