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Apple slapped with $670,000 fine in Taiwan for interfering with carrier prices

Published Dec 25th, 2013 11:15AM EST
Apple Fine iPhone Price Fixing

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Taiwan’s Fair Trade Commission has hit Apple with a small fine and warned the company that it may face a more substantial penalty if it doesn’t stop interfering with carriers’ iPhone pricing and the prices of the plans carriers sell alongside the iPhone. The Wall Street Journal on Wednesday reported that the FTC in Taiwan slapped Apple with a $667,000 fine for “interfering with mobile service providers and handset distributors’ pricing.” If it doesn’t stop meddling with carriers and other retailers when it comes to iPhone prices, Apple may be fined an additional $1.67 million.

“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,” Taiwan’s FTC said in a statement.

The WSJ’s report noted that the ruling only applies to Apple’s iPhone and not to the company’s iPad tablet lineup.

Zach Epstein
Zach Epstein Executive Editor

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.

His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.