Apple’s 1.1 Billion Penalty from France Has Been Reduced!

Technology giant Apple has come up with competition penalties many times before. For example, a few months ago, news from the United Kingdom revealed that the company could pay a fine of close to 1 billion dollars.

The US-based company also faced a major penalty from France in 2020. The amount of this fine, which is considered a record, is 1.1 billion euros was. Now, there has been a very important development on this issue and it has been reported that the penalty of the technology giant has been reduced.

Apple’s fine reduced to 372 million euros

An appeals court in France has decided to reduce Apple’s 1.1 billion euro fine. In the news reported by Reuters and Bloomberg, the sentence 372 million euros, reduced by 728 million euros was stated as. Going to a 66% reduction, the court described the original penalty as ‘disproportionate’, saying the new penalty was sufficient to deter the company from misconduct.

A spokesperson for Apple also told Reuters in a statement that the decision was completely overturned as it relates to applications more than a decade ago and that the company that they believe they should not pay anything stated: “Although the court correctly changed some of the French Competition Authority’s decision, we believe that the decision should be overturned and appealed. The decision relates to practices from more than a decade ago, which are now recognized even by the French authorities as being out of use.”

What happened?

The decision was made by France’s competition authority in 2020. The competition authority, which stated that it started investigations in 2012, accused Apple of manipulating the retail market for its products. ‘Does not comply with competition rules It was stated that the mentioned company restricted some retailers from lowering the prices of their products. In addition, the tech giant has also been accused of limiting the number of iPads it gives to some retailers compared to its own stores.