On Monday, South Korea’s competition watchdog stated, Apple’s Inc South Korean unit has put forwards proposals to address antitrust concerns and has offered $84.02 million (100 billion won) in support programmes to small small businesses, consumers and others. The development comes in the wake of Apple Korea being investigated by the Korea Fair Trade Commission…
MyCC has imposed a daily penalty of 15,000 ringgit starting from today for as long as Grab fails “to take remedial actions as directed by the commission in addressing the competition concerns”. On Thursday, Malaysia’s competition regulator proposed to levy a fine of $20.53 million (86 million ringgit) on ride-hailing firm Grab for violating the…
The ruling has significant ramifications for Qualcomm. The U.S. chipmaker has yet to disclose whether it will go on an appeal. In what is likely to be a landmark ruling, a U.S. judged has ruled that Qualcomm Inc has unlawfully suppressed competition in the market for cellphone chips and used its dominant position to impose…
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