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China fines Qualcomm record $975M in anti-monopoly case

February 10, 2015

BEIJING— China fined chipmaker Qualcomm 6 billion yuan in the biggest of a wave of anti-monopoly penalties that have rattled foreign companies. Qualcomm Inc. abused its dominance in wireless technology to charge manufacturers "unfairly high" licensing fees, a Cabinet agency announced Tuesday. San Diego- based Qualcomm expressed disappointment with the...

Source: http://www.cnbc.com/id/102411328
 
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