Apple Fined $670K by Taiwan FTC for restrictive practices

Apple's (NASDAQ: AAPL) is a worldwide premium price iPhone attempt to sell Taiwan's Fair Trade Commission, or FTC issues such as the company landed, allegedly the country's telecom companies for the smartphone's pricing to dictate company fines are.

FTC Taiwan's mobile service providers and mobile phone distributors to interfere with the iPhone pricing plans with a fine of $ 670,000 is slap Apple said Wednesday. Although Apple can appeal against sentence does not meet the requirements , so $ 1.6 million ( NT $ 50,000,000 ) may be fined , the Wall Street Journal reported.

"Apple and the companies or products on the market approved to be confirmed before Apple discovered that their pricing plans to send e-mail correspondence between the three telecom companies thanks ," the FTC said in a statement .

Far Easton Telecommunications Co. ( TPE: 4904 ) and Taiwan Mobile: Chunghwa Telecom Co. ( NYSE: CHT ) - According to the regulator , the country's three main mobile service providers Apple , Taiwan's Fair Trade Law by consulting 18 has violated Article Co. ( TPE: 3045 ) - how much they should charge for your iPhone . Apple is also asking companies to adjust their rates were charged .

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