Monday, 16 March 2020

Apple fined record $1.2B in France over anti-competitive sales practices

Apple fined record $1.2B in France over anti-competitive sales practicesThe wheels of the regulatory machine continue to turn, and today Apple, along with two of its wholesale partners, was dealt a major blow in France over antitrust violations, by receiving the biggest-ever fine levelled against a business over anti-competitive practices and "sterilizing the market" for Apple products, specifically as they are sold across a range of Apple Stores, large "big box" retailers and smaller, independent resellers. Apple, along with its wholesale distribution partners Ingram Micro and Tech Data, have been accused and fined by the French competition authority (Autorité de la Concurrence), over operating a cartel -- affecting pricing and who could sell products -- for virtually all Apple products including computers and tablets, but not the iPhone (which is often sold via mobile phone distributors and carriers).




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