China Opens Antitrust Probe of Qualcomm’s Autotalks Deal
The Qualcomm headquarters in San Diego, California. China has begun an investigation into a months-old Qualcomm Inc. acquisition, taking aim at yet another US technology giant before a pivotal meeting of the leaders of the world’s two largest economies. The State Administration for Market Regulation has opened an antitrust probe into the takeover of connected-vehicle technology provider Autotalks, a deal announced in June. In a brief statement, the watchdog said it would look into potential violations of ...