By: Wang Cheng-chung, Pan Tzu-yu and Frances Huang
Taipei, May 21 (CNA) The Control Yuan said Tuesday it has approved a proposed corrective measure on a settlement agreement reached by the Fair Trade Commission (FTC) and U.S.-based chip designer Qualcomm Inc., saying the deal was inappropriate.
In a statement, the Control Yuan said the settlement agreement took the FTC only 10 months to reach, replacing an earlier decision that the commission spent two years and eight months making after an investigation that ended in the imposition of a massive fine for Qualcomm’s violation of Taiwan’s anti-trust law.
The Control Yuan added that the settlement reached by the FTC and Qualcomm in August 2018 appeared hasty and was agreed upon without transparency.
The corrective measure was proposed by Control Yuan members Wang Mei-yu and Chang Kuei-mei (仉桂美), who launched a probe into the settlement that same month.