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China's Antitrust Regulators Defend Probes; Qualcomm Inquiry Nearly Over

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy

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Visitors walk past the Qualcomm stand at the Mobile World Congress in BarcelonaBy Michael Martina and Xiaoyi Shao BEIJING (Reuters) - China's three anti-monopoly regulators on Thursday launched a vigorous defense of their recent investigations into foreign companies, which have prompted mounting international criticism, and said they are not targeting multinational firms. "Our anti-trust enforcement work is strictly conducted according to regulations," said Xu Kunlin, director general of the National Development and Reform Commission's (NDRC) Price Supervision and Inspection and Anti-Monopoly Bureau.




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