Apple was sentenced to a fine of 1.1 billion euros in France. The reason for the punishment was the complaint of an Apple retailer, which denounced price collusion between Apple and wholesalers. Two wholesalers also have to pay France fines of € 63 million and € 76 million, respectively.
Large corporations have great market power, which they also use to maximize profits. But there are limits to what is and is not legal from the perspective of state competition authorities. France now has, like among others FAZ or even that daily News report a fine of 1.1 billion euros imposed on Apple. The reason for this is agreements with two wholesalers, which are said to have influenced competition in a way that is no longer permitted.
Apple wholesalers also have to pay
The fine is not about iPhones, but about iPads and other Apple products. The agreements are said to have meant that retailers classified as "premium" could not offer any special prices because they were dependent on Apple and the wholesalers. The two wholesalers were able to reduce the delivery quantity as a means of pressure if one of the premium dealers wanted to break out of the row. Apple defends itself by saying that it is a long-established practice. The penalty contradicts the legal standards that companies have relied on for decades.
In addition to the penalty of 1.1 billion euros for Apple, the two wholesalers involved, Tech Date and Ingram Micro, also have to pay fines of 63 million and 76 million euros, respectively. The investigation was initiated by the Apple retailer eBizcuss.
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