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back to article Chinese regulator fires antitrust advisor over alleged kickbacks from Qualcomm

A Chinese academic has been booted from a government antitrust advisory committee amid allegations he accepted payouts from Qualcomm in exchange for giving testimony favorable to the company in an ongoing monopoly probe. State-run media outlet China News Service reported on Wednesday that Zhang Xinzhu, director of the Research …

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  1. John Bailey

    ""It has become increasingly clear that the Chinese government has seized on using the [antimonopoly law] to promote Chinese producer welfare and to advance industrial policies that nurture domestic enterprises, rather than the internationally accepted norm of using competition law to protect consumer welfare and competition," the group said"

    Translation..

    How can we dominate the Chinese market when they refuse to do what we pay them to. This is not the globalisation we paid for.. Now go over there and set em straight, or the money stops.

    1 0 Reply
    1. roselan
      Reply Icon

      Nobody is innocent.

      Chinese politics believe they can extract more money from local companies. And by "favoring" local entities, they are seen as "working the country".

      Western companies only rule is "do what sells". Laws and rules? that's for commoners! We are the law! And if money can't silence an itching voice, a bit of PR *always* do the tricks.

      Our local western politicians look like brainless cows in comparison because they don't have to fight to obtain bribery money (it's pouring on them). That's a good thing, I guess. A cow is less dangerous than a wolf.

      Welcome to the real world.

      ps: ranting feels so good :))

      2 0 Reply
  2. Alan Denman

    China is searching every corner

    And quite obviously, no round corner will be left unturned.

    0 0 Reply
  3. Anonymous Coward
    Anonymous Coward

    Not good for Qualcomm

    As he'll likely be replaced by someone hostile to them.

    0 0 Reply
  4. roger stillick
    Happy

    CDMA is a Comm standard...

    GSM is another, CDMA= Qualcomm rules...GSM= someone else... China's developers pay CDMA user fees to Qualcom, or, they do not get to make things w/o paying (to keep the standard a standard)...

    IMHO= dont get caught w/someone else's Walking Around Money...RS.

    0 0 Reply

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