Microsoft chief executive Satya Nadlla traveled to Beijing to meet with competition authorities and discuss their ongoing competition probe into the company, reports say.
China announced that Nadella visited the State Administration for Industry and Commerce, which has launched an investigation into Microsoft. Earlier this year reports emerged that authorities had raided Microsoft offices and began questioning top-level Microsoft executives.
But reports say Nadella met with SIC head Zhang Mao late last week and agreed to fully cooperate with their investigation. The SAIC said Nadella promised to hand over all of the necessary information requested by the watchdog, but said the company remains confident the SAIC will conduct a fair and transparent investigation.
Details are scarce on exactly what Microsoft practices have fallen under scrutiny by regulators.
The SAIC is vowing to conduct a transparent investigation amid criticism over China’s handling of competition cases into foreign companies. The SAIC is one of three agencies responsible for conducting competition probes.
Full content: NDTV
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