Qualcomm fined $773 million by Taiwan’s FTC for allegedly anticompetitive practices
Yesterday the Taiwan FTC (Fair Trade Commission) fined Qualcomm an incredible $ 773 million (TWD 23 billion) for allegedly violating antitrust rules in the country over the last seven years. In a press release posted yesterday, Qualcomm says that it disagrees with the decision and intends to seek a stay while appealing. This is after both the Korean FTC imposed a fine of $ 854 million and the US FTC leveraged its own charges against the chipset manufacturer earlier this year.
Qualcomm fined $ 773 million by Taiwan’s FTC for allegedly anticompetitive practices was written by the awesome team at Android Police.