On February 10, 2015, as one of the global antitrust enforcement powerhouses by now, the National Development and Reform Commission of PRC (“NDRC”) issued its sanction decision against the US semiconductor giant Qualcomm Incorporated (“Qualcomm), imposing a fine of RMB 6.088 billion (equivalent to USD 975 million). Actually, since the beginning of 2013, NDRC has been establishing reputation for its more and more rigorous enforcement of the PRC Anti-monopoly Law (the “AML”). Following the fines imposed on the RPM case in the industry of infant formula in 2013 (USD 110 million) and on the cartel case in the sector of auto parts in 2014 (USD 201 million), the penalty against Qualcomm hits the record once again. Apart from the amount of fine, the Qualcomm case also carries other implications
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The Chinese NDRC applies rigorously the Anti-monopoly Law and fines a company for abuse of dominant position (Qualcomm)
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