Boston, MA 08/28/2014 (wallstreetpr) – The CEO of Microsoft Corporation (NASDAQ:MSFT), Mr Satya Nadella has made up his mind to pay visit to China amidst the antitrust investigations involving company’s media player and web browser. The largest software company is undergoing an antitrust investigation by the Chinese government.
It is unclear if Mr Nadella is scheduled to meet any Chinese officials during his visit. Microsoft Corporation (NASDAQ:MSFT) spokesman refrained from divulging into the details of a top executives travel plans. The officials from State Administration for Industry and Commerce (SAIC), the antitrust regulatory body of China, were also not present to comment on development of news.
Foreign Companies under China’s Investigation Lens
Many foreign companies are being scrutinized by the Chinese authorities seeking to enforce an anti-monopoly law, 2008. Microsoft is also one of these foreign companies which are being scrutinized. CEO’s 0f big companies often pay visit to China, in an attempt to strengthen political connections and business.
QUALCOMM, Inc.(NASDAQ:QCOM), President Derek Aberle, had also visited China to meet the National Development and Reform Commission (NDRC) of China.
Windows Piracy Prevalent in China
Steve Ballmer, who was the CEO before Nadella took over the reign, had paid many visits to China during his days. He had also once commented how the Netherlands generated more revenue than China, referring to the abundant piracy that is prevalent in China.
The piracy of windows software is rampant in China, but despite this, China’s SAIC has started an antitrust probe on the same company suffering from piracy. SAIC is claiming that Microsoft Corporation (NASDAQ:MSFT) may be held responsible for breaking Anti monopoly laws, especially in compatibility, document authentication and bundling.
Microsoft’s Anti-trust Cases Settled in EU and U.S. Already
Outside China, the probe has confused many a people, considering the fact that Microsoft have settled cases on antitrust within U.S and Europe long ago. Also the monopoly of desktops is of no significance any more in the wake of tablets and mobile phones that have flooded the market in the recent times.
The fear of Chinese Protectionism is looming on many companies now ever since conglomerates like Microsoft Corporation (NASDAQ:MSFT), Daimler’s AG auto unit Mercedes-Benz and QUALCOMM, Inc.(NASDAQ:QCOM) have come under the radar.
