{"id":51758,"date":"2014-09-28T11:25:18","date_gmt":"2014-09-28T11:25:18","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=51758"},"modified":"2014-09-28T11:25:18","modified_gmt":"2014-09-28T11:25:18","slug":"microsoft-promises-cooperation-in-chinese-antitrust-probe","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=51758","title":{"rendered":"Microsoft promises cooperation in Chinese antitrust probe"},"content":{"rendered":"

Microsoft \u00a0chief executive Satya Nadella promised to cooperate fully with Chinese authorities in their antitrust investigation into his company during a meeting with a top regulator in Beijing, the Chinese government said.<\/p>\n

Microsoft\u00a0has been ensnared in an anti-monopoly investigation launched this summer by China’s State Administration for Industry and Commerce (SAIC), which has already seized evidence from multiple Microsoft offices across\u00a0China\u00a0and summoned high-level executives for questioning.<\/p>\n

Nadella, who took the helm of the world’s largest\u00a0softwarecompany in February, met with SAIC chief Zhang Mao on Friday in what was portrayed as a conciliatory encounter by the SAIC, one of three antitrust agencies in\u00a0China.<\/p>\n

\"Microsoft<\/a>
Microsoft Chief Executive Satya Nadella gestures as he speaks during a forum at Tsinghua University in Beijing September 25, 2014. REUTERS\/China Daily<\/figcaption><\/figure>\n

Microsoft\u00a0will turn over information requested by investigators in a timely\u00a0fashion, while the company is confident the government probe will be fair and transparent, Nadella told Zhang, according to an account published on the SAIC website.<\/p>\n

Nadella also said the Chinese government’s regulatory practices helped create beneficial conditions for the growth of Chinese and foreign companies, the SAIC said.<\/p>\n

Zhang pledged a fair and transparent investigation and said his agency welcomed Microsoft’s questions and suggestions about the investigation, according to the SAIC.<\/p>\n

Microsoft declined to comment on the government meeting but said in a statement that it is “serious about complying with China’s laws and committed to addressing SAIC’s questions and concerns.”<\/p>\n

Nadella, whose planned visit was first reported by Reuters last month, swung through the Chinese capital as part of his first trip to Asia as CEO.<\/p>\n

Nadella also spoke to students at Tsinghua University in Beijing, where he said extolled China as a source of human capital and a vibrant\u00a0innovation\u00a0culture, according to the official China Daily.<\/p>\n

Nadella is the latest foreign tech executive to arrive in Beijing to diffuse tensions with regulatory authorities, whose muscular enforcement of a 2008 anti-monopoly law has unsettled Western companies.<\/p>\n

Qualcomm Inc, which is facing a potentially record-breaking fine, sent president Derek Aberle to Beijing in August to meet with the National Development and Reform Commission (NDRC), the antitrust agency probing the San Diego-based chipmaker.<\/p>\n

–<\/p>\n

Source: Reuters<\/p>\n","protected":false},"excerpt":{"rendered":"

Microsoft \u00a0chief executive Satya Nadella promised to cooperate fully with Chinese authorities in their antitrust investigation into his company during a meeting with a top regulator in Beijing, the Chinese government said. Microsoft\u00a0has been ensnared in an anti-monopoly investigation launched this summer by China’s State Administration for Industry and Commerce (SAIC), which has already seized […]<\/p>\n","protected":false},"author":20,"featured_media":51760,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[],"tags":[18],"class_list":["post-51758","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-dr-akwasi-osei"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/51758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51758"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/51758\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/51760"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}