Tag Archives: Fined

Qualcomm Fined $854 Million by South Korean Regulator for Violating Completion Laws

South Korea’s antitrust regulator said on Wednesday it fined US chipmaker Qualcomm Inc KRW 1.03 trillion ($854 million or roughly Rs. 5,821 crores), a record for the country, ruling its business practices of patent licensing and smartphone modem chip sales hindered competition. The Korea Fair Trade Commission said Qualcomm abused its dominant market position and forced handset makers to pay ... Read More »

Google Fined $6.8 Million by Russian Antitrust Regulator Over Android

Russia’s anti-trust authority on Thursday fined Google RUB 438 million ($6.8 million or roughly Rs. 45 crores) after finding it guilty of abusing its dominant market position by forcing smartphone makers to install its search engine on Androids. The Federal Antimonopoly Service (FAS) in September last year deemed Google in breach of a law on “protecting competition” after an investigation ... Read More »

Hundreds of Taiwan Drivers Fined After Pokemon Go Launch

Nearly 350 drivers in Taiwan were slapped with fines for playing on their phones after Pokemon Go launched on the island, which has already resulted in broken legs and museum bans. The gaming app has sparked a global frenzy since its launch last month as users hunt for virtual cartoon characters overlaid on real-world locations using augmented reality technology. A ... Read More »