Apple Fined $666K for Violating Taiwan Law

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According to the Wall Street Journal, Taiwan’s Fair Trade Commission found Apple guilty of violating the country’s laws by interfering in pricing of iPhones in Taiwan.

Three most important mobile service providers in Taiwan have been getting approval from Apple on proposed pricing plans.

Fair Trade Commission considered the practice of telling Taiwan’s mobile service providers how much to charge for iPhone mobile services as interfering in the country’s laws and has ordered Apple to pay fine in the amount of about $666,000 or 20 million New Taiwan dollars.

The Wall Street Journal reported that the Fair Trade Commission of Taiwan discovered that the three largest mobile service providers were submitting iPhone service prices to Apple for approval through the email exchange between Apple and the telecom companies. The Commission representatives issued a statement explaining their decision. Apple could not be reached for a comment.

Source: CNET news

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