FRANCE FINES APPLE A RECORD $1.2B FOR FIXING PRICES WITH SUPPLIERS

France has fined technology giant Apple a record 1.1 billion euros ($1.2 billion) for making agreements with suppliers that made it more difficult for independent resellers to compete. "Apple and its two wholesalers agreed to not compete against each other and prevent resellers from promoting competition between each other, thus sterilizing the wholesale market for Apple products," said Isabelle de Silva, the head of France's competition authorit...

TheNextWeb.com (Date:03/16/2020 13:38) Read full article >>

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