Latest in Apple

Image credit:

Taiwanese FTC fines Apple for interfering in iPhone handset and contract pricing

Mat Smith, @thatmatsmith
December 25, 2013
Share
Tweet
Share

Sponsored Links

Taiwan's Fair Trade Commission has ruled that Apple's been naughty rather than nice this holiday week, fining it for 20 million Taiwan dollars (around $670,000) after it specified pricing to iPhone carriers. Once Apple sells distribution rights to an iPhone stockist, it has no right to dictate how much carriers and companies sell the devices for. According to the FTC's statement: "Through the email correspondence between Apple and these three telecom companies we discovered the companies submit their pricing plans to Apple to be approved or confirmed before the products hit the market." The iPhone maker will be able to appeal the ruling, although according to the WSJ, it could face a fine of up to $50 million Taiwan dollars if it doesn't comply.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

Microsoft clarifies which games work on Xbox Series S and X on day one

Microsoft clarifies which games work on Xbox Series S and X on day one

View
Sony is giving away PSVR camera adapters for the PS5

Sony is giving away PSVR camera adapters for the PS5

View
'No Man's Sky' will be available for PS5 and Xbox Series X at launch

'No Man's Sky' will be available for PS5 and Xbox Series X at launch

View
Windows 10 update removes Flash and prevents it from being reinstalled

Windows 10 update removes Flash and prevents it from being reinstalled

View
Bugatti’s Bolide is a 1,825HP ‘morphable’ hypercar

Bugatti’s Bolide is a 1,825HP ‘morphable’ hypercar

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr