Apple hit with record-breaking $1.2 billion antitrust fine in France

Apple has been hit with a record-breaking fine for antitrust practices. French competition authority Autorité de la Concurrence has found Apple and its wholesale distribution partners Ingram Micro and Tech Data guilty of running a cartel for Apple products, and has fined the companies €1.1 billion ($1.2 billion), €62.9 million ($70.2 million) and €76.1 million ($85 million) respectively.

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