Apple fined in Taiwan for interfering with iPhone pricing

20 million Taiwan Dollars — which is, today, roughly $668,000 — is the amount the Fair Trade Commission got Apple fined in Taiwan for, according to a statement on Wednesday. The reason for the fine is, according to the TFTC, Apple’s interfering with pricing of mobile service providers and handset distributors. To be specific, article 18 of Taiwan’s Fair Trade Act has been violated by Apple, who reportedly told Taiwan’s three main operators exactly how much to sell iPhones for. Apple also reportedly asked also asked Chunghwa Telecom Co., Far Eastone ...

Continue reading »

The post Apple fined in Taiwan for interfering with iPhone pricing appeared first on .