Core Viewpoint - The article discusses the investigation by the State Administration for Market Regulation (SAMR) into Qualcomm's acquisition of Autotalks, highlighting the legal implications of the transaction under China's Anti-Monopoly Law [2][3]. Group 1: Investigation Details - On October 10, SAMR initiated an investigation into Qualcomm for failing to legally declare its acquisition of Autotalks, which is suspected of violating the Anti-Monopoly Law of the People's Republic of China [3]. - Qualcomm announced its intention to acquire Autotalks in May 2023, but SAMR assessed that the transaction, while not meeting the declaration threshold, could potentially restrict competition [2]. - SAMR formally notified Qualcomm on March 12, 2024, requiring a declaration before proceeding with the acquisition, which Qualcomm later abandoned on March 14, 2024 [2]. Group 2: Legal Framework and Consequences - The investigation is part of SAMR's routine enforcement of the Anti-Monopoly Law, emphasizing the agency's commitment to lawful and fair market practices [2]. - Following the completion of the acquisition without proper declaration or communication with SAMR, Qualcomm acknowledged the facts, leading to the formal investigation into the illegal implementation of the business concentration [2].
市场监管总局回应高通被立案调查!
证券时报·2025-10-12 08:43