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March 15, 2017 06:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/J-_jfzf4WGY/apple-found-guilty-of-russian-price-fixing
Apple Found Guilty of Russian Price-Fixing
An anonymous reader shares a BBC report: Russia's competition watchdog has found that Apple fixed the prices of certain iPhone models sold in the country. The Federal Anti-Monopoly Service (Fas) said that Apple's local subsidiary told 16 retailers to maintain the recommended prices of phones in the iPhone 5 and iPhone 6 families. Non-compliance with the pricing guidelines may have led to the termination of contracts, it found. At the time of the investigation, Apple denied that it controlled its products' pricing, telling Reuters that resellers "set their own prices for the Apple products they sell in Russia and around the world." The regulator said Apple had now ended its price-fixing practices but has not said whether the company faces a fine. The FAS claimed that Apple Rus monitored the retail prices for the iPhone 5c, 5s, 6, 6 Plus, 6s and 6s Plus.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/J-_jfzf4WGY/apple-found-guilty-of-russian-price-fixing
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