Shattered by Fate, Restored by Truth-Chapter 1107: The Fu Family Is Truly Rich

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Chapter 1107: Chapter 1107: The Fu Family Is Truly Rich

"I know." Su Wanxin nodded, she had closely followed that matter at the time. "Over six billion."

"That’s right, 6.088 billion." Qi Ran provided the exact figure, "Almost a year and a half of investigation, finally confirming that GT Company abused its market dominance."

"I don’t quite understand what the standard is for abusing market dominance."

Su Wanxin furrowed her brows.

"Yaoyao said that something developed by the Fu Family has a market share of 100%. Does that mean it represents monopoly or abuse of market dominance?"

"Not necessarily, it could also mean that only they are capable of making it, and other companies currently don’t have the capability."

"Exactly!" Su Wanxin nodded repeatedly, "That’s what I think too. So what exactly is Trojan accusing them of?"

"Currently, the Fu Group holds many essential patents for wireless standards, plus a 100% market share.

Therefore, the country has reason to believe the Fu Group holds a dominant position in this field and related industries.

In fact, this matter isn’t that hard to resolve, as long as the Fu Group can prove that the patent fees charged to other companies are not excessive.

And that they haven’t forced other companies to buy relevant patents from the Fu Group to participate in the market competition. If these two points are clear, everything will be simple."

Qi Ran looked into the Fu Group’s documents at the law firm today, only to realize the Fu Group’s annual revenue is not just from those publicly visible projects.

There is also a large income stream from patent royalties.

In the wireless technology industry, the Fu Group’s products hold more than 70% market share.

Which means, even if they do nothing else, just from these patent fees, they make at least billions of profit annually.

The Fu Family is truly wealthy.

Who wouldn’t be envious of this kind of situation? That’s tangible gold and silver out in the open, no wonder Fu Mingzhe has been thinking of a comeback for years and can’t let go of this lucrative piece of meat.

Qi Ran discussed the pros and cons of this matter with Su Wanxin; they talked until past eleven before going upstairs to rest.

Su Wanxin lay on bed, tossing and turning unable to sleep, her mind and heart a mess.

She rarely felt this kind of agitation and anxiety because of work, influenced by Fu Shihan since childhood; she always thought no problem was unsolvable.

Failure costs nothing but money, and earning money is their specialty, so any problem seemed trivial.

But this crisis threatening both life and interests was a first for Su Wanxin.

She didn’t know if Fu Shihan felt the same, perhaps not, because he always attracted others in the quickest and most effective way, accumulating a plethora of enemies over time.

Someone like him should have long expected this day would come. But not Su Wanxin.

To be honest, Su Wanxin still feels like being wanted by A Network is surreal, like a dream.

Day and night, countless people are watching her life, she dares not think about it.

If the monopoly case is ruled as such, the Fu Group would face both reputational and financial defeat.

She doesn’t want to see him lose; Su Wanxin can accept her own failure but can’t bear to see him lose to others.

The matter of patent fees is also considered a company secret; each company’s contract prices may vary.

So this matter can only be clarified face to face when Fu Shihan returns.