France’s competition authority issued Apple the country’s largest ever antitrust fine against a single company, accusing the iPhone maker of orchestrating a distribution cartel with wholesalers that lasted for several years
PARIS—France’s competition authority issued Apple Inc. the country’s largest ever antitrust fine against a single company, accusing the maker of iPhones and iPads of orchestrating a distribution cartel with wholesalers that lasted for several years.
The 1.1 billion euro fine, issued Monday after nearly a decade of investigation, came as part of a decision that also found Apple had effectively imposed prices on some retailers and had “abused the economic dependence” of some of its premium resellers in France.
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