Apple Fined for Price Fixing in Taiwan
Published on: 26th Dec 2013
By: Ian Mansfield
Apple has been fined by Taiwan's Fair Trade Commission after it was found to have interfered in the pricing and distribution of its smartphones in the country.
The company was fined NT$20 million (US$670,000), which can rise to NT$50 million if it continues the breaches it was accused of.
The Commission found that Apple had been telling the country's mobile networks how much to charge for its iPhones, and also asked them to adjust their prices in a coordinated manner.
Suppliers directing retailers how to set prices is illegal in Taiwan.
"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 Commission said in a statement.
The complaint relates only to sales of Apple's iPhones. There are no plans to investigate other Apple products at the moment.