Tech giants accuse India’s enforcement agency of ignorance in Xiaomi spat - Moneycontrol


5/31/2022 12:00:00 AM2 years 11 months ago
by Bloomberg

India’s anti-money-laundering agency is accusing Xiaomi of moving money out of the country by falsely claiming it was for patent-fee payments.

A lobby group including Apple Inc. and other technology giants operating in India called out the countrys authorities for misunderstanding how patent fees work, following local officials dispute with… [+3588 chars]

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