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AliNovel > Extraordinary Genius > Chapter 337 – Huh, suing us for monopolizing the market?

Chapter 337 – Huh, suing us for monopolizing the market?

    Fu Guangzheng returned back a few days after leaving Beijing.


    “What are you here again?” Feng Yu asked in a not so nice tone.


    Fu Guangzheng was confused. He did not offend Feng Yu. He had already set up the sales team, and the market research had beenpleted.


    He had also gotten the rights for the movies and music in Hong Kong. He had also contacted thepanies in the US and Europe. He had done everything within a few days and yet Feng Yu was speaking to him in this tone?


    “You are in a bad mood? What happened?”


    Fu Guangzheng does not know that today was a weekend and Feng Yu had a date with Li Na. Li Na’s period was next week, and Feng Yu could not do anything with her next week. Li Na had agreed to this date today, but because of Fu Guangzheng, Feng Yu had to postpone the date.


    Feng Yu waved his hand: “I am just in a bad mood. Something bad must have happened for you to be here.”


    Feng Yu just pushed the me to Fu Guangzheng. He will not admit that it was his fault.


    Fu Guangzheng smiled bitterly: “I have some bad news for you!”


    Damn, there was really bad news.


    All the businesses that Feng Yu worked with Fu Guangzheng were all his most profitable businesses. Feng Yu does not want anything wrong to happen to these businesses.


    “What bad news?”


    “Ourpany is being sued. Errmmm…. I think Tai Hua trading will also be sued soon!”


    Huh? Tai Hua Trading will be sued? Fu Guangzheng salespany will also be sued? That means it must be rted to the humidifiers or the deless fans.


    “Is it the humidifiers or the deless fans? Are there any problems with the quality?” Feng Yu frowned. These two products did not encounter any problems in his previous life. Howe when he produced these products, he faces these problems? It must be those people at the Aviation Factory who had missed out on something during the development stage!


    “There is no problem with the quality. They are suing us for creating a monopoly!”


    Shit, monopoly?


    Feng Yu was frustrated. He had applied for the patents, and this was to prevent others from imitating his products. He wants to create a monopoly to maximize his profits. He had forgotten about the Antitrustws in the western countries. Monopolies were not allowed in those countries.


    “Will we lose this case? How much will we be fined?” Feng Yu listlessly asked.


    Fu Guangzheng was curious. There was no suchw in China and howe Feng Yu was willing to ept this news? How did he know about the fines forpanies that created monopolies in the Western countries?


    “Who says we will lose? We will not lose this case, and we might even make use of thiswsuit to create publicity!” Fu Guangzheng proudly said.


    Feng Yu’s mood was like a roller coaster. Win against an Antitrustwsuit?


    In his previous life, nopanies had won against an Antitrustwsuit. Many MNC, including those from Fortune 500, had paid hefty fines. Typically, when people start awsuit, they must have collected concrete evidence. He had never heard of anypanies that were being sued for creating monopolies and still won the case.


    “We can win? Then are they stupid? Why are they still suing us?” Feng Yu asked.


    Fu Guangzheng nearly spits out his tea. This Feng Yu changed his attitude so fast.


    “The Antitrustws stiptes some scenarios that constitute a monopoly: Buying and controlling the stocks of other firms to weaken thepetitors; Entering the boards ofpetitors’panies, for example, being the director of severalpetingpanies; Tying the sales of two products. By tying the sales of a second product to the first and forcing consumers to buy something that they may not need or want is a vition of the antitrustws; Pricing discrimination. That is selling the same product at different prices to different buyers to keepingpetitors out of the market; Business activities that will substantially weakenpetition or to establish a monopoly……”


    Feng Yu listened to Fu Guangzheng carefully. It seems that the patent owned by Wind and Rain had created a monopoly and was the cause of thiswsuit.


    But Feng Yu was still protected by his patents, and this was considered a monopoly?


    Feng Yu now understands why so manypanies in his previous life were willing to exchange patents with otherpanies. This was to prevent theirpany from being sued with the Antitrustws.


    You imed that I had monopolized this technology? But I had sold this technology to others, and because they don’t produce the products, I need to sell to others?


    “It seems that we had vited thisw. Then why did you say we can win this case?” Feng Yu be listless again.


    “They sued us for monopolizing this technology, and our products are priced too high. However, we did not stop anypetitors from entering the market, and we did not fix the prices. We also do not tie up our products with other product. We only increased the difficulties forpetitors to enter the market. If we sell our patents to anotherpany and let them produce and sell to the Westernpanies, then they cannot sue us. Also, an Antitrustwsuit will take at least 1 year. During this period, we can let anotherpany sell their products on the market there, and we will win!” Fu Guangzheng said.


    Damn, you mean that we create apetitor for ourselves? Which idiote up with this stupidw?


    Feng Yu had not thought that his Wind and Rain humidifiers and deless fans were selling throughout the US and Europe market. No otherpanies can enter this market.


    Feng Yu was lucky that he did not develop industrial humidifiers. If he had done so, he would be sued a long time ago!


    “Do we have other solutions?” Feng Yu does not want to let go of these profits. The overseas sales for his humidifiers and deless fans had brought him nearly 30 million USD in profits. As the market grows, this profit will increase further. When the patent protection is over, he would still be able to keep the majority of the market share with his established brand. There will still be high profits. He does not want to share his earnings with others.


    I had only produced Ultra Sonic humidifiers, and you can sell thermal humidifiers, or electric humidifiers, cold mist humidifiers, etc. I did not monopolize the market.


    You can sell regr fans or air conditioners, and I sell my deless fans. Why is this considered a monopoly?


    “Yes, there is another solution. We can let others create imitations of our products, and we sue them for infringing on our copyrights. This will divert the attention from us. For instance, we can expose some of our patents to ourpetitors and let them produce the products. We will sue them after that.”


    Feng Yu: “……” What stupid idea is this? I would rather create apetitor for myself.


    Feng Yu suddenly remembered YADU. China’s biggest humidifier manufacturer from his previous life. Feng Yu had snatched the household humidifier market from them in this life. Why can’t this YADU develop some new products? In China. YADU was still the leader of the industrial humidifiers.


    Furthermore, the biggest humidifierpany in the world was a USpany. Why they did not develop new products?


    Since we are being sued for monopolizing the market, then I will really monopolize the market.


    “Go and contact YADU. Tell them that we are willing to share our technologies!”
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