Russian anti-monopoly agency finds Apple guilty of price-fixing with the iPhone

Russian anti-monopoly agency finds Apple guilty of price-fixing with the iPhone
Russia's Federal Antimonopoly Service (FAS) has found Apple guilty of price-fixing various Apple iPhone units that were sold through 16 local retailers in the country. According to the FAS, Apple set the pricing for the iPhones sold at these stores. Any retailer found selling the handsets at prices lower than the amounts set by Apple, would be told to get back in line, or lose their sales agreement with the tech titan. Apple allegedly kept up this practice for three months. To discover exactly which iPhone models were involved, read the portion of the official FAS statement that we translated below.

While Apple has yet to comment on the ruling, the top man on the FAS totem pole says that the company has been cooperating with the agency. According to Andrey Tsarikovsky, Apple has cooperated and has "has adopted the necessary measures to eliminate violations of the law and is pursuing a policy to prevent similar violations in the future." Apple could end up having to pay a fine equal to 15% of its sales in Russia.


Apple has the right to challenge the ruling during the next three months, but as we pointed out, the company has been mum on the whole affair. Thus, we have no idea whether it will fight the Federal Antimonopoly Service.

source: FAS (translated) via 9to5Mac

FEATURED VIDEO

11 Comments

1. NoToFanboys

Posts: 3231; Member since: Oct 03, 2015

[insert obligatory Apple hate comment here, followed by obligatory Apple defending reply]

2. funky013

Posts: 19; Member since: Jun 30, 2016

Not surprised

3. iushnt

Posts: 3127; Member since: Feb 06, 2013

One doesn't simply become a big company without being a crook.

4. darkkjedii

Posts: 31373; Member since: Feb 05, 2011

Bad Apple. 15 minutes in time out.

5. joey_sfb

Posts: 6794; Member since: Mar 29, 2012

Its a known fact they fix the price globally. In fact if a currency drop they would adjust the price higher before putting it back on shelf. Its good business sense. Nothing wrong with it.

9. NarutoKage14

Posts: 1328; Member since: Aug 31, 2016

Good business sense unless the local government thinks otherwise or violates their laws, then it's illegal.

11. trojan_horse

Posts: 5868; Member since: May 06, 2016

Pretty much this. What Apple is doing sounds like a good business sense in concept, but it also can be illegal, depending on the law in each country, and Russia happens to be one of them. But hey, I am pretty sure Apple was already aware that Russia's law prohibits that price-fixing practice... no? Yet, Apple did it nonetheless.

6. liberalsnowflake

Posts: 273; Member since: Feb 24, 2017

Maybe Russians must buy devices which are powered by sailfish os.

7. remixfa

Posts: 14605; Member since: Dec 19, 2008

well, at least no factory workers died in this week's apple scandal.

8. NarutoKage14

Posts: 1328; Member since: Aug 31, 2016

I find it funny that Apple pushes back whenever a US or European government agency is breathing down it's neck. Whenever it's a foreign government agency, specially a Chinese or Russian one they are a whole lot more "cooperative" in the matter.

10. smoked_2na unregistered

[ Russia's Federal Antimonopoly Service ] isn't that an ox·y·mo·ron?

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.