Huawei Attempts to Get Back Into the U.S. Market With the Help of FTC – Attempts to Seek a Dialogue With Authorities
Gartner and IDC, two esteemed market research firms have named Huawei as the second-largest smartphone brand in the world right and keep in mind that this feat was achieved whilst not being able to sell its devices freely in one of the most lucrative markets of the world, the U.S.
The company was on the verge of finalizing its first major smartphone deal with the U.S. carrier AT&T before it pulled out of an arrangement to carry the Mate 10 Pro. More bad news followed, with Verizon backing out too and the U.S. lawmakers stamping a ban on Huawei. However, the Chinese is more than determined to crack the U.S. market, to the extent that it seeks the help of FTC to make this possible
Huawei Complains That a Ban on Its Products Are Harmful to the Competition, Resulting in Consumers Paying a Higher Price
The Chinese company has apparently requested the FTC to let it participate in hearings which begin next month to explore issues of consumer protection and competition. The company stressed that FTC’s and Congress’ decision to keep Huawei out of the U.S. market is harmful to competition and will lead to higher prices for consumers, followed by reduced efforts on innovation.
The company also rebuffed claims that it poses a heightened national security risk and is counting on FTC to gain access to the U.S. market. The company has urged FTC to lift restrictive regulations which create market inefficiencies and limit consumer choice and wants the body to provide FCC and Congress with its expert economic analysis that will make it clear that the ban will do more harm than good.
FTC cannot override the decision made by government authorities, but Huawei wants the commission to make sure that the decision to ban the company is not based on groundless speculations and arbitrary security concerns. The previous moves have not prevented Huawei from selling unlocked variants of its smartphone lineup through various online channels such as Amazon.
The only drawback is that you will need to pay the full amount upfront, which consumers will naturally feel is a terrible deal when they only have to pay in monthly bills if purchased from a major carrier. Additionally, Australia has also banned Huawei from providing 5G technology but we have yet to hear any updates on this matter.
Do you think the U.S. government is right to limit Huawei’s operations in the country? Tell us down in the comments.
News Source: MobileWorldLive