News Business France slaps record €1.1 billion fine on Apple for anti-competitive practices

France slaps record €1.1 billion fine on Apple for anti-competitive practices

France has slapped US tech giant Apple with a record fine of €1.1 billion for indulging in anti-competitive practices. French authorities have reportedly said that Apple abused its economic dominance over independent retailers in France and that its actions barred the local retailers from competing on price. 

France slaps record €1.1 billion fine on Apple for anti-competitive practices Image Source : APFrance slaps record €1.1 billion fine on Apple for anti-competitive practices

France has slapped US tech giant Apple with a record fine of €1.1 billion for indulging in anti-competitive practices. French authorities have reportedly said that Apple abused its economic dominance over independent retailers in France and that its actions barred the local retailers from competing on price. 

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