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Wednesday, December 25, 2013
Apple slapped with $670,000 fine in Taiwan for interfering with carrier prices
Apple slapped with $670,000 fine in Taiwan for interfering with carrier prices:
Taiwan's Fair Trade Commission has hit Apple with a small fine and warned the company that it may face a more substantial penalty if it doesn't stop interfering with carriers' iPhone pricing and the prices of the plans carriers sell alongside the iPhone. The Wall Street Journal on Wednesday reported that the FTC in Taiwan slapped Apple with a $667,000 fine for "interfering with mobile service providers and handset distributors' pricing." If it doesn't stop meddling with carriers and other retailers when it comes to iPhone prices, Apple may be fined an additional $1.67 million.
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