Apple fined $1.2 billion by French antitrust authorities

ronjor · Mar 16, 2020

Published Mon, Mar 16 2020

The French competition authority said the iPhone maker was guilty of cartels within its distribution network and that it abused its economic dependence on its re-sellers.
A spokesperson for Apple told CNBC it “strongly disagreed” with the decision and planned to appeal.
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imdb · Oct 7, 2022

An appeals court in France has slashed Apple’s antitrust fine from €1.1 billion to €372 million (about $366 million), calling the original penalty “disproportionate” and saying that the new amount was “sufficient” to dissuade the company from bad behavior, according to reports from Reuters and Bloomberg. The fine is originally from 2020, and was levied by the French competition authority Autorité de la Concurrence, which accused Apple of manipulating the retail market for its products.
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Apple’s billion dollar antitrust fine in France cut to $366 million by Mitchell Clark

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Apple fined $1.2 billion by French antitrust authorities

ronjor Global Moderator

imdb Registered Member

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Apple fined $1.2 billion by French antitrust authorities

ronjor Global Moderator

imdb Registered Member

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