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 Statist extortion: China Hits Qualcomm With Fine

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Statist extortion: China Hits Qualcomm With Fine Vide
PostSubject: Statist extortion: China Hits Qualcomm With Fine   Statist extortion: China Hits Qualcomm With Fine Icon_minitimeMon Feb 09, 2015 9:24 pm
The starkest sign of that came on Monday, when the American chip maker Qualcomm said it would pay $975 million for violating China’s antimonopoly law. As part of the deal, Qualcomm will also offer its licenses for third- and fourth-generation communications systems for high-speed wireless data to smartphones, at a sharp discount to what it charges companies elsewhere.

Statist extortion: China Hits Qualcomm With Fine 10qualcomm1-web-master180

http://www.nytimes.com/2015/02/10/business/international/qualcomm-fine-china-antitrust-investigation.html?partner=rss&emc=rss&_r=0

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