Thursday, December 26, 2013

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Apple Slapped With $667K Fine For Trying To Influence Taiwanese iPhone Prices

Chances are that if you’re reading this, you didn’t recently buy an iPhone in Taiwan. As it happens, that may be for the best — according to a Wall Street Journal report published earlier today, Apple has been fined NT$20,000,000 by Taiwan’s Fair Trade Commission for attempting to influence iPhone sale prices. That may sound like a lot, but the reality is considerably less dramatic — that figure only works out to about $667,000. The price tag for further noncompliance raises the stakes a bit more though, as Apple would have to shell out an additional NT$50 million (

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