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France fines Apple € 1 billion for governance practices

oriXone by oriXone
March 17, 2020
in Ios, Mobile
0


Apple today was fined € 1,100,000,000 by a French government agency fighting the stalemate. After another fine on February 7, France charges Apple as wellAt this time, according to the government, due to collective bargaining practices.

Number of records with good reason for misconduct

France

According to the French government, Apple has created illegal contracts on its distribution network and exploited the economic dependency of its distributors. Today's penalty comes in the background several years of research

by the French authorities.

The government has also levied two shops at which reasonable prices are offered. The sanction is supported the relationship of the two sellers, Tech Kata and Ingram Micro, owned by Apple. Under the distribution agreements, both retailers had agreed that they would not compete.

Two of Apple's vendors, Tech Data and Ingram Micro, were fined 63 and 76 million euros respectively, for illegally admitting the price.
Apple and its suppliers had both agreed that they would not compete and prevent distributors from competing, which made the retail market for Apple products less effective.


France fines Apple $ 25 million for failing to notify the user of stopping working on damaged batteries

This is without a doubt the whole of France, which allows it through years of bad habits.
Apple told CNBC that the decision is "disappointing" as it faces "official steps where all French companies are based on a decree that will create chaos for companies across all sectors", and is planning Appeal to court.

Source | Reuters

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France fines Apple € 1 billion for governance practices

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