Tuesday, 22 September, 2020

Apple hit with record €1.1bn fine in France

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France’s competitors authority has imposed a report €1.1bn (£1bn $1.2bn) high-quality on US tech giant Apple for what it sees as anti-aggressive procedures.

It is the most important fine at any time imposed by the French regulator.

The business and two of its wholesalers in France were observed to have an unfair agreement to handle rates.

The investigation began in 2012, adhering to a complaint by eBizcuss, which sells Apple solutions as an Apple High quality Reseller.

The authority’s chief Isabelle de Silva explained “Apple abusively exploited the financial dependence of these high quality resellers on it and imposed unfair economic circumstances on them that were worse than these for its built-in network of shops”.

Apple says it profoundly disagrees with the ruling and is pleasing in opposition to it.

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