360° Coverage : Apple Fined $666K for Violating Taiwan Law

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Apple Fined $666K for Violating Taiwan Law
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Apple Fined $666K for Violating Taiwan Law

Dec 28 2013, 3:46am CST | by

Taiwan Fair Trade Commission fined Apple for interfering in pricing of iPhones

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...

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30 weeks ago

Apple Fined $666K for Violating Taiwan Law

Dec 28 2013, 3:46am CST | by

Taiwan Fair Trade Commission fined Apple for interfering in pricing of iPhones

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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<a href="/latest_stories/all/all/25" rel="author">Bijon Kumar Pramanik</a>
Bijon Kumar Pramanik is an experienced technology writer working since years in the consumer electronics field.

 

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