Violation Tracker Global

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Violation Tracker Global: Individual Record

Company: Apple Asia LLC
Current Parent Company: Apple Inc.
Parent at the Time of the Penalty Announcement: Apple Inc.
Jurisdiction: Taiwan
Region: Asia
Penalty Currency: Taiwan dollar
Penalty Amount in Original Currency: 20,000,000
U.S. Dollar Equivalent at the Time of the Penalty Announcement: $659,564
Year: 2014
Date: January 23, 2014
Agency: Fair Trade Commission
Offense Group: consumer-protection-related offenses
Offense Category: consumer protection violation
Description: The FTC found that Apple Asia LLC violated Article 18 of the Fair Trade Act by putting restrictions on the prices of its phones sold as part of cell service plans. In addition to ordering the company to immediately cease the unlawful act, the FTC imposed on it an administrative fine of NT$20 million.
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: VTG24-72876