Rus­sia ac­cuses Ap­ple of price-fix­ing

The Myanmar Times - - International Business -

Rus­sia has launched le­gal pro­ceed­ings against US tech gi­ant Ap­ple over the al­leged fix­ing of retail prices for iPhones in the coun­try. The Rus­sian an­titrust author­ity in a state­ment cited leg­is­la­tion ban­ning busi­nesses from set­ting up car­tels or mak­ing agree­ments that limit com­pe­ti­tion. The Fed­eral Anti-monopoly Ser­vice said its in­ves­ti­ga­tion “showed that from the start of of­fi­cial sales of iPhone 6s and iPhone 6s Plus in Rus­sia, the ma­jor­ity of re­sellers set iden­ti­cal prices for them and held them for a cer­tain pe­riod.”–

Newspapers in English

Newspapers from Myanmar

© PressReader. All rights reserved.