tech news

Japan watchdog: Apple may have breached antitrust rules with iPhone


TOKYO (Reuters) – Japanese regulators on Wednesday said Apple Inc (AAPL.O) may have breached antitrust rules by forcing mobile service providers to sell its iPhones cheaply and charge higher monthly fees, denying consumers a fair choice.

FILE PHOTO: A member of Apple staff takes pictures as new iPhone X begins to sell at an Apple Store in Beijing, China November 3, 2017. REUTERS/Damir Sagolj/File Photo

The Fair Trade Commission (FTC) said that Apple had forced NTT Docomo Inc (9437.T) , KDDI Corp (9433.T) and SoftBank Group Corp (9984.T) to offer subsidies and sell iPhones at a discount.

The FTC, which began looking into Apple’s sales practices in 2016, did not punish Apple as the U.S. company had agreed to revise its contracts with the carriers, it said.

Reporting by Makiko Yamazaki and Yoshiyasu Shida; Editing by Ritsuko Ando



READ SOURCE

See also  Crypto value unproven, blockchain years away from mainstream: JP Morgan

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.  Learn more