China probes Qualcomm with antitrust investigation in the latest asymmetric trade negotiation salvo — Autotalks acquisition risks fouling anti-monopoly laws
China's State Administration for Market Regulation is conducting an antitrust investigation into Qualcomm's acquisition of Autotalks, an Israeli connected-vehicle technology company. This move is seen as part of the ongoing trade negotiations between the U.S. and China. The investigation is viewed as a potential tactic to influence trade discussions between the two countries. China's aggressive merger and acquisition strategy in Southeast Asia is also highlighted, showcasing a shift towards a more self-sufficient approach. The investigation could signal a broader shift towards a multi-polar world economy with more localized supply chains.
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