Taiwan Fines Apple $670,000 for Trying to Control iPhone Pricing

Taiwan Fines Apple $670,000 for Trying to Control iPhone Pricing

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Taiwan has fined Apple $670,000 for telling retailers how much to sell the iPhone for in violation of the country's Fair Trade Act, reports the WSJ.

Apple told Taiwan's three main service providers, Chunghwa Telecom Co., Far Eastone Telecommunication Co., and Taiwan Mobile Co., to adjust rates. However, the commission said Apple has no right to meddle in companies' iPhone pricing plans after selling them distribution rights. The carriers can distribute or resell iPhones at their complete discretion after paying Apple for those rights.

"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," said the Fair Trade Commission.

The ruling applies to iPhones only and Apple can appeal but it may face an even larger fine if it doesn't comply.

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Taiwan Fines Apple $670,000 for Trying to Control iPhone Pricing
Bruce Lee - December 26, 2013 at 5:34pm
The Chine Make the iPhone and they can Destroy the iPhone, so you better watch out Tim Crook.
K - December 26, 2013 at 7:04pm
Chine?
Bruce Lee - December 27, 2013 at 12:33am
The Chinese Make the iPhone and they can Destroy the iPhone, so you better watch out Tim Crook. typed too fast on my iphone 5s.
K - December 27, 2013 at 12:57am
B/c it's poorly made in China? I'm saying that because of the benchmark China iPhone was in!
Tim - December 27, 2013 at 7:55am
Chinese and Taiwanese are separate or so they say
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