Qualcomm has been fined a record $773 million by Taiwan's Fair Trade Commission for antitrust violations. The commission determined that Qualcomm has been violating antitrust rules for at least seven years and collected NT$400 billion in licensing fees from local companies during that time.
The regulator said Qualcomm had monopoly market status over key mobile phone standards and by not providing products to clients that don't agree with its conditions, they were violating local laws.
“Qualcomm holds big number of standard essential patents in CDMA, WCDMA and LTE segments and is the dominant provider of CDMA, WCDMA and LTE baseband chips,” the FTC said. “It abused its advantage in mobile communication standards, refused to license necessary patents.”
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The regulator said Qualcomm had monopoly market status over key mobile phone standards and by not providing products to clients that don't agree with its conditions, they were violating local laws.
“Qualcomm holds big number of standard essential patents in CDMA, WCDMA and LTE segments and is the dominant provider of CDMA, WCDMA and LTE baseband chips,” the FTC said. “It abused its advantage in mobile communication standards, refused to license necessary patents.”
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