Today's Google event introduced their first Pixel Watch along with Pixel 7 Phones with an amazing 30X camera Zoom on their Pro model
Apple Original Films releases the trailer for the Highly Anticipated Drama 'Causeway' starring and produced by Jennifer Lawrence and more

French Court delivered a blow to the ambitions of European authorities in cracking down on the dominance of Big U.S. Tech like Apple

1 cover Apple  France legal report

 

In March 2020 Apple was fined €1.1 Billion over sale restrictions in France. In November 2021, Patently Apple posted a report titled "Apple Lawyer makes the case in a Paris Court that the €1.1 Billion Antitrust Fine is based on an imaginary theory and should be reversed.

 

CNBC reports today that "Apple won a massive reduction in a 1.1 billion euro ($1.1 billion) antitrust fine from French competition regulators, in a blow to the ambitions of European authorities to crack down on the dominance of Big Tech companies.

 

The Paris appeals court on Thursday lowered the fine to 371.6 million euros, roughly a third of the value of the original penalty and a reduction of 728.4 million euros, an Apple spokesperson confirmed.

 

According to Reuters, the amount was slashed because the court decided to drop one of the charges related to price fixing, and lowered the rate originally used to calculate the fine.

 

“The decision relates to practices from more than a decade ago that even the FCA recognized are no longer in use,” Apple said in a statement to CNBC on Thursday.

 

“We are extremely proud to serve our French customers through Apple Retail Stores and our much larger network of retailers and resellers across the country,” the company added.

 

10.0F2 - Patently Legal

Comments

The comments to this entry are closed.