Apple fined record €1.1bn by French competition regulator
US software giant accused of anti-competitive practices

Apple has been fined €1.1bn (£990m) by antitrust regulators in France for anti-competitive agreements with two wholesalers.
The Guardian says the penalty imposed on the US tech giant is the largest ever handed out to a company by the Autorité de la Concurrence watchdog.
The regulator accused Apple of plotting with the two wholesalers, Tech Data and Ingram Micro, resulting in aligned prices and limited wholesale competition for Apple products such as Apple Mac computers and iPads.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
The two French companies were also fined, with Tech Data handed a €76m (£69.3m) penalty and Ingram Micro ordered to pay €63m (£57.5m).
–––––––––––––––––––––––––––––––For a round-up of the most important stories from around the world - and a concise, refreshing and balanced take on the week’s news agenda - try The Week magazine. Get your first six issues for £6–––––––––––––––––––––––––––––––
“Together,” reports TechCrunch, “the three have achieved the dubious distinction of getting the highest-ever fine for anti-competitive sales tactics.”
Commenting on the record fine, Isabelle de Silva, head of the French competition watchdog, said: “Apple and its two wholesalers agreed to not compete against each other and prevent resellers from promoting competition between each other, thus sterilising the wholesale market for Apple products.”
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Apple said it would appeal the decision, adding that the precedent would “cause chaos for companies across all industries”.
“Apple has been operating in France for over 40 years and we are proud of our many contributions to job creation and economic development,” said a spokesperson. “Our investment and innovation supports over 240,000 jobs across the country. The French Competition Authority’s decision is disheartening.”
Analysts have speculated that the judgement will lead to the company upping efforts to bring more of its sales under its own roof.
CNBC said yesterday’s announcement is the second fine that French authorities have imposed on Apple in two months.
Regulators also hit the US giant with a €25m (£22.8m) fine last month over its software updates, which were concluded to have slowed down older iPhones.
-
Should you add your child to your credit card?
The Explainer You can make them an authorized user on your account in order to help them build credit
-
Cracker Barrel crackup: How the culture wars are upending corporate branding
In the Spotlight Is it 'woke' to leave nostalgia behind?
-
'It's hard to discern what it actually means'
Instant Opinion Opinion, comment and editorials of the day
-
Is Trump America's CEO?
Talking Points The party of free enterprise turns to 'cronyism'
-
Why 'faceless bots' are interviewing job hunters
In The Spotlight Artificial intelligence is taking over a crucial part of recruitment
-
Samsung to make Tesla chips in $16.5B deal
Speed Read Tesla has signed a deal to get its next-generation chips from Samsung
-
A potential railway megamerger raises monopoly questions
The Explainer Union Pacific and Norfolk Southern would create the country's largest railway operator
-
AMC hopes new ticket discounts will reinvigorate the movie theater industry
In the Spotlight The theater chain now has 50% discounts on both Tuesdays and Wednesdays
-
Why bosses are hiring etiquette coaches for Gen Z staff
Under The Radar Employers claim young workers are disengaged at interviews and don't know how to behave in the office
-
Is Rachel Reeves going soft on non-doms?
Today's Big Question Chancellor is reportedly considering reversing controversial 40% inheritance tax on global assets of non-doms, after allegations of 'exodus' of rich people
-
How will the feds' 'golden share' of US Steel work?
Today's Big Question Trump 'just quasi-nationalized' a major company