Apple fined record $1.2 billion by French antitrust authorities

Apple fined record $1.2 billion by French antitrust authorities

Apple was fined 1.1 billion euros ($1.23 billion) for anti-competitive behavior Monday by the French antitrust authorities. The French competition authority said the iPhone maker was guilty of cartels within its distribution network and abusing the economic dependence of its independent re-sellers. Two of Appleā€™s wholesalers were also fined for agreeing on prices: Tech Data […]