Qualcomm to Appeal KFTC Fine of $865M

The Korea Fair Trade Commission (KFTC) today announced that it has reached a decision in its investigation of Qualcomm Incorporated (Nasdaq:  QCOM), finding that certain of the Company’s business practices are in violation of Korean competition law.  The KFTC announced that it intends to issue a corrective order relating to the specific practices at issue and impose an administrative fine of…