Taiwan fines Apple $666K over iPhone pricing

The country's Fair Trade Commission finds that Taiwan's three main mobile service providers have been submitting pricing plans to Apple for approval, which violates the law.

iPhone 5S CNET

Taiwan's Fair Trade Commission has fined Apple 20 million New Taiwan dollars -- about $666,000 -- after determining the company has been illegally interfering with iPhone pricing in the country, The Wall Street Journal reported Wednesday.

The commission found that Apple was telling Taiwan's three primary mobile-service providers how much to charge for iPhones.

"Through the e-mail correspondence between Apple and these three telecom companies we discovered the companies submit their pricing plans to Apple to be approved or confirmed before the products hit the market," the commission said in a statement, according to The Wall Street Journal. The newspaper could not reach Apple for comment.

 

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