South Korea Fines Qualcomm (QCOM) Over $850 Million For Abuse Of Market Dominance

South Korea’s antitrust regulator, the Fair Trade Commission, imposed Wednesday a massive fine of 1.03 trillion won (almost $853 million) on U.S. cellular phone chipmaker Qualcomm Inc. The penalty, which is the single-highest ever imposed by FTC, was announced after the agency determined that the….

Posted: 2016-12-28 06:50:00

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