Qualcomm antitrust decision could be the Big Bang moment for China's domestic patent market 12 Feb 15
Qualcomm confirmed this week that it has reached an agreement with China’s National Development and Reform Commission (NDRC), which recently completed an antitrust investigation into the US company’s patent licensing activities in the country. Under the terms of the settlement, Qualcomm will pay a fine of RMB 6.088 billion (US$975 million) in addition to making a number of changes to the ways in which it licenses its 3G and 4G-relevant standards-essential patents (SEPs) in the country. However, the NDRC’s decision could have repercussions for all SEP holders doing business in China.
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