Japan Regulator: Apple Breached Antitrust Rules with iPhone

Japan’s Fair Trade Commission (FTC) says Apple’s Japan unit has breach antitrust laws by forcing NTT Docomo Inc., KDDI Corp., and SoftBank Group Corp. to offer subsidiaries and sell discounted iPhones.

The FTC said that the move restricted competition and could have prevented the carriers from offering lower monthly charges.

The Japan watchdog began looking into Apple’s sales practices in 2016, but did not punish Apple when the company agreed to revise its contracts with the carriers. It was said that to make up for the losses, Apple locked consumers into lucrative two- and four-year contracts.


Source: Reuters


Post a Comment