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China Insight - Competition

Record Setting Fine on Qualcomm by NDRC in China

16/02/2015

The PRC National Development and Reform Commission (“NDRC”) closed its 14 months’ anti-monopoly investigation against Qualcomm and announced on 10 February 2015 its sanctions on the global chip giant. The NDRC imposed a fine of RMB 6.088 billion, recording a new high and shattering the previous record high of RMB 1.235 billion levied on 12 Japanese automotive suppliers in 2014.

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China Insight - Record Setting Fine on Qualcomm by NDRC in China
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Authors

Jie Lin
Jie Lin, LL.M.
Kevin Wang
Kevin Wang, LL.M.