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RECORD FINE FOR QUALCOMM FOLLOWING ABUSE OF DOMINANCE INVESTIGATION IN CHINA

In a landmark decision released on 10 February, 2015, the Chinese National Development and Reform Commission (“NDRC”) announced that Qualcomm, the US chip manufacturer, had been fined RMB 6.08 billion (approximately US$ 975 million) for abuse of market dominance, including unfair licencing practices. The record fine, which is the largest on record in China, follows […]

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