16-03-2020 19:55 via theguardian.com

Apple fined record €1.1bn by French competition regulator

Tech giant conspired with wholesalers Tech Data and Ingram Micro to align prices, says watchdogApple has been fined a record €1.1bn (£990m) by antitrust regulators in France for engaging in anti-competitive agreements with two wholesalers. The penalty imposed on the US tech giant is the largest ever handed out to a company by the Autorité de la Concurrence.Commenting on the move, Isabelle de Silva, head of the French competition watchdog, said: “Apple and its two wholesal
Read more »