InterDigital Says It is Cooperating with Chinese Anti-Monopoly Investigation
Published on: 11th Feb 2014
Note -- this news article is more than a year old.
USA based patent holding company, InterDigital says that its executives will continue to cooperate with a Chinese investigation into anti trust allegations, having secured assurances that its staff wont be arrested if they visit the country.
InterDigital confirmed that it is continuing to cooperate with an Anti-Monopoly Law (AML) investigation by China's National Development and Reform Commission (NDRC) and intends to submit some proposals that could see the investigation suspended.
Last year, the company was ordered to pay compensation to Huawei for its alleged monopolistic behaviour.
Earlier this year, an InterDigital executive met with NDRC officials to explain the company's recent settlement agreement with the Chinese company in this matter and to discuss the way forward for resolving NDRC's investigation of InterDigital's licensing conduct.
InterDigital said that it will continue to cooperate with the anti-monopoly investigation and work to resolve any remaining concerns.
In related news, hearings have started in the USA in InterDigital's patent case against Nokia, Samsung and ZTE.