InterDigital, Inc. (NASDAQ: IDCC) said that it is continuing to cooperate with an anti-monopoly law investigation by China´s National Development and Reform Commission and intends to submit a proposed commitments request that could form the predicate for suspension of the investigation under a procedure provided for under the AML.
On January 3, 2014, an InterDigital executive, accompanied by local and US outside counsel, met with NDRC officials to respond to NDRC´s investigation, 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. The company executive reiterated at the meeting that InterDigital fully respects the authority of NDRC to implement the AML against monopolistic conduct that restricts competition in China´s market.
InterDigital said it will continue to cooperate with NDRC´s anti-monopoly investigation and work with NDRC to resolve any remaining concerns.
InterDigital develops technologies that are at the core of mobile devices, networks, and services worldwide. Its website is at www.interdigital.com.