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Apple wins appeal to slash its $1.2 billion French antitrust fine by two-thirds
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Apple wins appeal to slash its $1.2 billion French antitrust fine by two-thirds
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10th October 2022, 08:25
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,575
 |  Apple wins appeal to slash its $1.2 billion French antitrust fine by two-thirds In 2020, Apple was hit with a record €1.1 billion fine ($1.2 billion at the time) in France over antitrust practices with two wholesalers. Now, the Paris court of appeals has reduced the penalty by two thirds to just €371.6 million ($364.6 million today), Reuters has reported. The court ruled that the original fine was "disproportionate," and reduced it to an amount "sufficient to guarantee that the penalties are repressive and dissuasive." https://www.engadget.com/apple-wins-...2.html?src=rss |
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