Tag Archives: Laws

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 »