Taiwan Antitrust Watchdog Fines Apple On IPhone Pricing

Law360, New York (January 3, 2014, 2:02 PM EST) -- Taiwan's antitrust enforcer has fined a local Apple Inc. unit NT$20 million ($667,500) for interfering with the prices three local wireless providers charged for iPhones and has ordered the company to put an end to the practice.

The Taiwan Fair Trade Commission said on Dec. 25 that it had evidence that Apple Asia, which is the primary importer of Apple products in Taiwan, had controlled the prices charged by Chungwa Telecom Co. Ltd., Taiwan Mobile Co. Ltd. and Far EasTone Telecommunications Co. Ltd.

The watchdog said...
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