Apple, Tech Data and Ingram Micro fined €1.24bn for being a 'cartel'
France’s competition watchdog has issued its largest ever fine, accusing the three companies of running an illegal cartel in France, fixing prices, and “sterilising” the French channel
Apple and distributors Tech Data and Ingram Micro have been hit by a fine worth more than €1.24bn by an antitrust authority for allegedly fixing prices in the French market. In the largest fine the watchdog has ever levied, L'Autorité de la Concurrence claims Apple illegally prevented its Apple Premium Resellers from competing on price, subjecting the French channel to "unfair and unfavourable commercial conditions". The watchdog called the behaviour "an abuse of economic dependence on its...
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