Qualcomm fined $975 million in China

Updated: 2015-02-10 08:14

By Lan Lan and Gao Yuan(chinadaily.com.cn)

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No 4 Eyeglasses price fixing

In May 2014, NDRC stated that Johnson & Johnson Inc and Bausch & Lomb Inc had pursued vertical price-fixing.

These two companies and several contact lens and eyeglass manufacturers were fined a total of 19.6 million yuan ($3.18 million).

Qualcomm fined $975 million in China

A customer walks past the Bausch & Lomb Inc stand during a promotional event at a shopping mall in Beijing, China, December 8, 2012. [Photo/IC]