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Apple has been fined NT$20 million (US$670,000) fine by Taiwan’s Fair Trade Commission (FTC) for interfering with pricing procedures carried out by mobile service providers and mobile phone distributors, reports "The Wall Street Journal" (http://tinyurl.com/meyl3k3)
The company has also been ordered to stop interfering with mobile service providers and handset distributors' pricing, the article adds. Apple can appeal, but may get slapped with the fine if it doesn't comply.
The FTC said that, after examining email correspondence between the iPhone maker and the Taiwanese mobile companies, they "discovered the companies submit their pricing plans to Apple to be approved or confirmed before the products hit the market." The ruling doesn’t apply to other Apple products, such as the iPad.