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Comment: China’s NDRC shows its teeth in record fine on Qualcomm

By MLex staff ( February 10, 2015, 05:04 GMT | Comment) -- China's antitrust regulator, the National Development and Reform Commission, on Tuesday sent a strong message to the global marketplace that if you want to do business in the country you must play by China's antitrust rules. In a statement, the NDRC said it has fined US chipmaker Qualcomm a total of 6.088 billion yuan ($975 million), or 8 percent of its annual revenues in 2013 in China, for its anti-competitive conduct following a 15-month investigation into its patent licensing practices....

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