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Violation Tracker Global: Individual Record

Company: Apple
Current Parent CompanyApple Inc.
Parent at the Time of the Penalty Announcement: Apple Inc.
Jurisdiction: France
Region: Europe
Penalty Currency: Euro
Penalty Amount in Original Currency: 25,000,000
U.S. Dollar Equivalent at the Time of the Penalty Announcement: $27,477,000
Year: 2020
Date: February 7, 2020
Agency: General Directorate for Competition Policy, Consumer Affairs and Fraud Control-DGCCRF
Offense Group: consumer-protection-related offenses
Offense Category: consumer protection violation
Description: Apple was fined 25 million euros for failing to tell customers that it was deliberately showing down the performance of older iPhone models.
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: VTG24-69697