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Taiwan fines Apple for breaking law on iPhone pricing
Print Edition
Taiwan yesterday fined Apple NT$20 million (US$667,000) for violating a fair trade law over local iPhone pricing.
The island’s authorities said an Apple unit in charge of Taiwan sales had interfered in the pricing and mobile phone payment rates of three local telecom service providers, despite selling them the distribution rights to the phones.
Investigations found that Chunghwa Telecom, Far Eastone Telecommunication and Taiwan Mobile had submitted their pricing plans to Apple for approval or confirmation before new models hit the market, while Apple had also asked the Taiwan companies to change or adjust prices.
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