Apple Slapped With $1.2 Billion Fine In France

Apple has been getting a lot of fines lately, and in the most recent one, they have been slapped with a $1.2 billion fine in France for their “anti-corporate behavior”.

The latest fine is believed to be the largest fine the French Competition Authority has given to a company.

An investigation was launched against the tech giant by the French Competition Authority in 2012, after eBizcuss, which sells Apple products as an Apple Premium Reseller, made a complaint about the tech giant.

Isabelle de Silva, the president of the French Competition Authority, explained the reasoning behind the harsh fine.

Isabelle told BBC News: “Apple abusively exploited the economic dependence of these premium resellers on it and imposed unfair economic conditions on them that were worse than those for its integrated network of retailers.”

After getting the news, Apple released a statement.

The statement, which was released to CNBC, said, “The French Competition Authority’s decision is disheartening. It relates to practices from over a decade ago and discards 30 years of legal precedent that all companies in France rely on with an order that will cause chaos for companies across all industries. We strongly disagree with them and plan to appeal.”

Earlier this year, Apple was fined $500 million USD for slowing down the older models of their smartphones.

The company was fined after admitting in December 2017 that they slow down some of their devices as they get old.

Their explanation? Apple says they do this because battery performance reduces over time.

However, their explanation was disputed as it was believed that the tech company slowed down is older models to encourage customers to buy their newer more expensive devices.

After releasing the comment, Apple tried to do some cover-up and said that they slow down the batteries of the devices to make them more prolong to life.

The US District Court calculated that Apple needed to pay each iPhone user with an affected model of $25 USD each.

As a result, Apple had to pay a total of $310 million and a maximum of $500 million.

In February this year, Apple received a $27 million USD fine from France’s consumer watchdog, the Directorate General for Competition, Consumer Affairs and Fraud Prevention (DGCCRF), for the same issue.

Despite making millions of dollars each day, Apple is continuously having to face criticism for setting their devices too expensive for the average people.

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