Apple Loses Taiwan Anti-Competitive Practices Court Case

A Taiwan court said on Wednesday, Apple Inc has lost a lawsuit in which it was accused of engaging in anti-competitive practices and will be fined T$20 million ($647,124). The island's Fair Trade Commission had previously levied the fine against the Silicon Valley firm for requiring its major Taiwan telecom partners to receive approval for pricing plans for its wildly popular iPhone series in advance of public release, in violation of Taiwanese law.

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