Core Points - Qualcomm is under investigation by the State Administration for Market Regulation (SAMR) for allegedly violating the Anti-Monopoly Law by failing to legally declare its acquisition of Autotalks [1][2][3] - The investigation is a routine enforcement action based on a report received after Qualcomm announced the acquisition in May 2023 [3] - SAMR determined that the acquisition did not meet the declaration threshold but had evidence suggesting it could restrict competition [3] - Qualcomm was notified in March 2024 to submit a declaration, but it abandoned the transaction shortly after [3] - In June 2025, Qualcomm completed the acquisition without declaration or communication with SAMR, leading to the current investigation [3][4] Summary by Sections - Investigation Announcement - SAMR announced an investigation into Qualcomm for not declaring its acquisition of Autotalks, which is seen as a violation of the Anti-Monopoly Law [1][2] - Details of the Acquisition - Qualcomm announced the acquisition in May 2023, but it was reported to SAMR, which assessed that the acquisition could potentially limit competition [3] - Regulatory Actions - SAMR issued a written notice to Qualcomm in March 2024, requiring a declaration before proceeding with the acquisition, which Qualcomm later abandoned [3] - The acquisition was completed in June 2025 without proper declaration, prompting the investigation [3][4] - Future Steps - SAMR will continue to conduct the investigation based on principles of legality, objectivity, and fairness [4]
市场监管总局就高通违法收购 Autotalks 立案调查答疑