France fines Apple €1.1 billion
Apple exploited the dependence of premium resellers on it and imposed unfair economic conditions on them that were worse than those for its integrated network of retailers. – AFP pic, March 16, 2020.
FRANCE’S competition authority slapped a record €1.1 billion fine on US tech giant Apple today for anti-competitive behaviour towards its independent retail distributors. The authority said it found that Apple acted to prevent independent retailers in France from competing on price and abused its economic power over them.
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