A contentious trade issue between China and the U.S. appears to be on the verge of being determined, as the Chinese government said it will soon settle anti trust charges against Qualcomm Inc. The U.S. mobile chipmaker is suspected by China’s National Development and Reform Commission (NDRC) of operating in a monopolistic fashion, abusing its market position in wireless communications standards by overcharging Chinese customers. A Chinese decision in the case is “imminent,” according to a Reuters report, and could lead to fines exceeding $1 billion while also requiring concessions in Qualcomm’s business of charging licensing fees on phone chipsets…
China Nearing Settlement With QUALCOMM, Inc. (QCOM) on Anti Trust
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.