French fine for Apple’s distribution cartels bigger than expected

From “Apple fined $1.2 billion by French antitrust authorities” posted on CNBC Monday:

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 that it abused its economic dependence on its re-sellers.

Two of Apple’s wholesalers, Tech Data and Ingram Micro, were also fined.

The French authority said this penalty was the largest ever handed down in one case.

A spokesperson for Apple told CNBC: “The French Competition Authority’s decision is disheartening. 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. We strongly disagree with them and plan to appeal.”

My take: And we thought month’s $27 million “Throttlegate” fine was big!

4 Comments

  1. David Emery said:
    I don’t have much respect for France or the EU on these matters, frankly. It’s politically incorrect, but I agree with Trump’s response to counter with tariffs, etc. In general, I don’t agree with Trump’s use of tariffs as political weapons, but what other response does the US have to what looks like, at times, economic warfare by putative allies against US companies?

    The EU overriding Ireland’s tax laws particularly rankles.

    3
    March 16, 2020
  2. Gregg Thurman said:
    This is a naked money grab pure and simple. It won’t mean much but I intend to boycott French products (mostly jams).

    3
    March 16, 2020
  3. John Konopka said:
    Apple tried to help people by not having their phones crash as the battery aged. No good deed goes unpunished.

    0
    March 16, 2020
    • John Konopka said:
      My bad. I thought this was due to the battery and clock speed issue, not about pricing. I have no comment on that subject.

      0
      March 17, 2020

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