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US Department of Justice sues Sprint, accusing company of over-charging for wiretap services

2014-03-04 01:30:40| IT Services - Topix.net

The lawsuit filed federal court in San Francisco alleges that that subsidiary of Sprint Corp. collected unallowable expenses from the FBI, U.S. Bureau of Alcohol, Tobacco and Firearms and other government agencies while carrying out court-ordered wiretaps and other electronic intercepts of its customers.

Tags: services company department justice

China confirms investigation into Qualcomm overcharging

2014-02-19 12:29:00| Telecompaper Headlines

(Telecompaper) China's anti-monopoly regulator has confirmed an investigation into alleged overcharging by Qualcomm and abuse of its market position. The National Development and Reform Commission (NDRC) also said it was in talks with US-based wireless licensing company InterDigital about a possible settlement to a separate anti-monopoly probe, Reuters reports. In its first public statement about the Qualcomm investigation, the watchdog said it began making enquiries after receiving complaints that the company was charging higher prices in China than it does in other countries. Qualcomm announced in November 2013 it was under investigation in China, but did not provide further details. Xu Kunlin, who heads the NDRC's anti-monopoly and price supervision bureau, told a press conference in Beijing that the regulator "received reports from relevant associations and companies that Qualcomm abuses its dominant position in the market and charges discriminatory fees". Under the anti-monopoly law, the NDRC can impose fines of between 1 and 10 percent of a company's revenues for the previous year. Qualcomm earned USD 12.3 billion in China for its fiscal year ended September, or nearly half of its global sales.

Tags: china investigation confirms qualcomm

China accuses Qualcomm of overcharging, abusing dominance

2014-02-19 09:32:21| Telecom - Topix.net

China's anti-monopoly regulator on Wednesday said Qualcomm Inc. was suspected of overcharging and abusing its market position, allegations which could see the U.S. chip giant hit with record fines of more than $1 billion.

Tags: china dominance abusing accuses