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Huawei sues FCC in a fight for access to U.S. markets
Huawei Technologies Co. has sued the Federal Communications Commission in a fight to overturn a regulatory decision that would pry Chinese corporations away from its last major American clients.
China’s largest technology company said that it had filed the lawsuit with the Fifth Circuit Court of Appeals which challenged the American agency’s decision to bar the use of federal subsidies by rural carriers purchasing its equipment. Huawei complained that it wasn’t accorded due process and was unfairly labeled a national security threat.
The lawsuit is the latest attempt by Huawei to fight American sanctions and curbs against their business. Huawei, which the White House accuses of aiding Beijing in espionage, is stepping up a worldwide legal and publicity campaign to protest what it deems unfair treatment by the U.S. and its allies.
“The U.S. is great because it embraces openness, inclusiveness and the rule of law,” Chief Legal Officer Song Liuping told reporters at a briefing in Shenzhen on Thursday. “If it abuses its power, the ultimate loser may be itself.”
Apple, Google, Amazon, and Facebook’s chief executive officers faced Republican and Democratic U.S. lawmakers on Wednesday for the much-anticipated congressional hearing. The CEOs were questioned for alleged abuse of their market power ...
On Monday, the Australian Competition and Consumer Commission (ACCC) filed a case against Google (GOOGL) in federal court after allegations that the multinational technology company misled its consumers about the expanded use of their personal ...
The euro steadied at four-month highs on the dollar after investors pinned hopes on the EU economic rescue fund as European leaders are expected to break a deadlock and agree on a deal. EU leaders had differing stands on the proposed 750 billion ...
Asian markets are poised to start with a firmer tone on Friday, disregarding an overnight decline in U.S. stocks. The decline was mainly from the United States’ move of debating new economic stimulus in a bid to salvage the virus-beaten ...
China's Commerce Ministry stated on Thursday that it would take the 'necessary' measures in response to the United Kingdom's ban on Huawei Technologies Co Ltd (HWT.UL). The government agency said that it would severely damage China's investment ...
KYC Policy