Violation Tracker Global

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Violation Tracker Global: Individual Record

Company: Apple
Current Parent Company: Apple Inc.
Parent at the Time of the Penalty Announcement: Apple Inc.
Jurisdiction: France
Region: Europe
Penalty Currency: Euro
Penalty Amount in Original Currency: 1,101,969,952
U.S. Dollar Equivalent at the Time of the Penalty Announcement: $1,224,150,000
Year: 2020
Date: March 16, 2020
Agency: Competition Authority-AC
Offense Group: competition-related offenses
Offense Category: anti-competitive practices
Description: The Autorite de la concurrence handed out fines totalling EUR 1.1 billion to Apple for engaging in anticompetitive agreements within its distribution network and abuse of a situation of economic dependency with regard to its premium independent distributors.
HQ Country of Current Parent: USA
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: computers
Source of Data: (click here)
VTG Record ID: VTG24-69480