Apple Fined $1.23 Billion by French Antitrust Regulator

By Jeremy Del Nero on 20 March 2020
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France’s antitrust regulator fined Apple €1.1 billion ($1.23 billion) for anticompetitive behavior towards its distribution and retail network.

The fine was the largest ever levied on a single firm.

Apple said it would appeal the ruling, which it said was at odds with French legal precedent.

The Autorité de la concurrence said that Apple imposed prices on retail premium resellers so that the prices were aligned with those charged by Apple, both online and in its stores.

(Photo: Accura Media Group)

Accura News

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