Violation Tracker Global

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Violation Tracker Global: Individual Record

Company: Apple Inc.
Current Parent Company: Apple Inc.
Parent at the Time of the Penalty Announcement: Apple Inc.
Jurisdiction: United States
Region: North America
Penalty Currency: U.S. Dollar
Penalty Amount in Original Currency: 450,000,000
U.S. Dollar Equivalent at the Time of the Penalty Announcement: $450,000,000
Year: 2014
Date: November 21, 2014
Agency: Multistate Attorneys General Case
Offense Group: competition-related offenses
Offense Category: anti-competitive practices
Description: A group of states sued several leading book publishers and Apple Inc. alleging they conspired to fix the price of electronic books. The publishers agreed to pay a total of $166 million while Apple ended up paying $450 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)
Link to this record on U.S. Violation Tracker: here
VTG Record ID: VTG24-11101