The Journal Gazette
Tuesday, March 17, 2020 1:00 am

French fine Apple $1.2 billion

Associated Press

PARIS – French regulators fined Apple $1.2 billion on Monday for striking deals to keep prices high, in the biggest-ever such sanction by France's Competition Authority.

The agency said Apple and top resellers agreed to align prices with Apple's own pricing for its iPads and some other products.

The deals did not concern iPhones.

Calling the fine “disheartening,” Apple defended its operations in a statement saying its “investment and innovation supports over 240,000 jobs across the country.”

Apple added that: “It relates to practices from over a decade ago and discards thirty years of legal precedent that all companies in France rely on with an order that will cause chaos for companies across all industries.”

Two “premium” French Apple resellers, Tech Data and Ingram Micro, were also fined a total of $155 million.

The competition authority said Apple and the French resellers agreed not to compete.

“Apple abusively exploited” distributors' dependence on the tech giant, the authority wrote, and “prevented competition among different Apple distribution channels.”

And that, in turn, hurt consumers, the authority wrote.

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