French Regulators Set to Levy Fine Against Apple for Anticompetitive Behavior
France's competition authority is set to fine Apple next Monday for anticompetitive behavior in its distribution and sales network, reports Reuters.
Specific details about the fine and the fine amount are expected to be announced next week, and there's no word yet on just how much Apple will owe.
Apple in its October earnings call said that France's competition authority had alleged that some aspects of its sales and distribution practices were in violation of French law, but did not provide details on which aspects of its business were under investigation.
In June 2019, the French Competition Authority ("FCA") issued a report alleging that aspects of the Company's sales and distribution practices in France violate French competition law. The Company vigorously disagrees with the allegations, and a hearing of arguments was held before the FCA on October 15, 2019. The Company is awaiting the decision of the FCA, which may include a fine.
Apple earlier this year was fined 25 million euros by French consumer fraud group DGCCRF for intentionally slowing down iPhone 6, iPhone SE, and iPhone 7 models with the power management software that was meant to prevent older iPhones with degraded batteries from shutting down during times of peak power usage.