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Qualcomm faces competition investigation in China
2013-11-25 14:53:00| Telecompaper Headlines
(Telecompaper) Qualcomm has become the latest foreign company in China to come under investigation for possible anti-competitive practices. The wireless chipmaker said in a statement that China's National Development and Reform Commission (NDRC) has started an investigation into Qualcomm relating to the Chinese Anti-Monopoly Law. The NDRC did not disclose the details of the investigation, and Qualcomm said it was not aware of any charges by the NDRC that the company had violated the law. Qualcomm said it was cooperating with the NDRC in the investigation. According to earlier reports from Chinese state media, the government has decided to focus antitrust investigations on six industries. These are aerospace, medicine, cars, household chemicals, telecommunications and household appliances. The Chinese regulator has been particularly active lately fining consumer companies for violations of pricing rules in the monopoly law.
Tags: china
competition
investigation
faces
Reverend Billy faces year in jail for JPMorgan Chase toad protest
2013-11-25 13:44:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: An actor who uses comic theatre and music to persuade corporations to address climate change faces a year in prison after the largest bank in the US took offence. In June, Billy Talen and eight members of the Church of Earthalujah choir walked into the lobby of a Manhattan branch of JPMorgan Chase in New York. Dressed as central American golden toads, a species that has been made extinct as the result of climate change, they told the staff that they were about to perform "expressive politics"....
American faces yet another crucial hearing in merger battle
2013-11-25 07:49:41| Airlines - Topix.net
American, AMR and various subsidiaries filed for bankruptcy in November 2011. If the judge rules that a Nov. 12 settlement with the U.S. Department of Justice didn't significantly change their plan of reorganization, they're shooting for a Dec. 9 exit from bankruptcy and merger with US Airways.
Tags: american
battle
hearing
faces
Qualcomm faces China probe tied to anti-monopoly law
2013-11-25 01:00:00| Total Telecom industry news
U.S.-based chip maker says it is not aware of any activity that violates Chinese anti-monopoly law.
Samsung faces sales drop in Japanese smartphone market
2013-11-24 11:23:34| Semiconductors - Topix.net
Samsung Electronics Co., the world's largest smartphone maker, has suffered a drop in its smartphone sales in the Japanese market due to aggressive marketing activities by Apple Inc. and smaller Japanese rivals, data showed Sunday.
Tags: sales
market
japanese
drop
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