Subject: Statist extortion: China Hits Qualcomm With Fine Mon 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.