antimonopoly
China probes Qualcomm with antitrust investigation in the latest asymmetric trade negotiation salvo — Autotalks acquisition risks fouling anti-monopoly laws
China’s regulatory body for business, the State Administration for Market Regulation (SAMD), has announced an antitrust investigation is now under, looking into the purchase of Israeli connected-vehicle technology company, Autotalks, by Qualcomm earlier this year, according to Bloomberg. With the deal now months old and having cleared all regulatory approval in the U.S., this move…