South Korea's antitrust regulator has lowered a decade-old penalty imposed ...
A Qualcomm sign is seen during the China International Import Expo , at the National Exhibition and Convention Center in Shanghai, China November 6, 2018. REUTERS/Aly Song
The reduction comes after the Supreme Court overturned in January one of several lower court rulings against the U.S. firm for abusing its dominant market position. The KFTC said it had reset the penalty to reflect the Supreme Court’s ruling, adding however that a “monopolist enterprise’s abuse of its market position cannot be tolerated”.
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