This article originally appeared in Managing Intellectual Property, a sister publication of China Law & Practice
On Monday, the San Diego-based company announced in a statement that it has come to an agreement with China's National Development and Reform Commission (NDRC) over a finding that Qualcomm's licensing practices relating to its wireless standard patents constituted abuse of its dominant position in the baseband chip market.
Qualcomm and Chinese regulators settle AML charges
Qualcomm has agreed to a fine of Rmb60.88 billion (US$975 million) stemming from a finding that its patent licensing practices violated China's Anti-monopoly Law, as well as conditions that echo last year's InterDigital agreement
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