Republican Senators led by Marco Rubio on Thursday, October 14, called on the Biden administration to blacklist Honor, a former unit of embattled Chinese telecom giant Huawei, describing the firm as a threat to national security.
In a letter dated October 14 seen by Reuters, Rubio described Honor as essentially an “arm” of the Chinese government with newly unfettered access the same prized US technology currently denied to Huawei. The letter adds their voices to a growing chorus of China hawks calling for the blacklisting.
By spinning off Honor, “Beijing has effectively dodged a critical American export control,” Rubio wrote, in the letter signed also by Senators John Cornyn and Rick Scott. In November 2020, Huawei sold off its lower-end smartphone brand Honor.
“By failing to act in response, the Department of Commerce risks setting a dangerous precedent and communicating to adversaries that we lack the capacity or willpower to punish blatant financial engineering by an authoritarian regime.”
Honor, the Department of Commerce, and the Chinese Embassy in Washington did not immediately respond to requests for comment.
Huawei declined to comment, but pointed to a prior statement, which affirmed that Huawei would not hold any shares or be involved in managing Honor following the spin-off.
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Google and South Carolina Clash Over State Records Demand
May 8, 2024 by
CPI
Telefonica Germany Teams Up with Amazon Web Services to Migrate 5G Customers
May 8, 2024 by
CPI
Federal Judge Grants $7.4 Million Settlement in Pork Price-Fixing Case
May 8, 2024 by
CPI
Wilson Sonsini Bolsters Antitrust and Competition Practice with Key Partner Returns
May 8, 2024 by
CPI
EU to Scrutinize Telecom Italia’s Network Sale to KKR
May 8, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI