China’s National Development and Reform Commission denied reports that emerged last week regarding the regulator’s antitrust investigation into US chip maker Qualcomm.
Unnamed sources had told reporters that the watchdog has made a decision on the case and reported to the State Council.
But according to the NDRC, it has not yet made a decision and the case remains ongoing. The China Central Television relayed the NDRC’s denial, adding that there is no procedure of the NDRC reporting to the State Council on its antitrust investigations.
China’s investigation into Qualcomm was launched in 2013; soon after, authorities announced that the company held a dominant position in the nation and potentially abused that market power.
Full content: Global Times
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