Published: 1/10/17
Publication: ACT | The App Association
“On Wednesday, December 28, 2016, the Korea Fair Trade Commission’s (KFTC) Anti-Monopoly Bureau issued a decision imposing sanctions against Qualcomm Incorporated (Qualcomm) in the amount of 1.03 trillion Korean Won (approximately $865 million USD) for alleged violations of Korean competition laws.
After conducting a comprehensive investigation that spanned for more than a year and issuing its examination report to Qualcomm on November 13, 2015, the KFTC found that Qualcomm, as a Standard Essential Patent (SEP) holder, breached its Fair Reasonable and Non-Discriminatory (FRAND) commitments when engaging in licensing agreements with certain companies. KFTC’s investigation included both domestic and foreign information and communications technology (ICT) companies when performing its investigation to eliminate bias, and the agency listed Apple, Intel, Nvidia, MediaTek, Huawei, and Ericsson as having provided information to the KFTC in response to its requests.” – [READ MORE]