Russia's Antitrust Regulator Finds Apple Fixed iPhone Prices

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Russia's antitrust regulator has found that Apple had fixed the pricing of certain models of its iPhone to keep them artificially high. Reports indicate that Apple's subsidiary could be fined up to 15% of sales in Russia.

After a seven-month investigation, the Federal Antimonopoly Service (FAS) has found Apple to be fixing the prices of certain iPhone models in Russia, which contravenes article 11, part 5 of the Federal Law on Protection of Competition [PDF].

The Russian antitrust regulator said on Tuesday that Apple's local subsidiary told 16 retailers to maintain the recommended prices of the iPhone 5s, iPhone 5c, iPhone 6, iPhone 6 Plus, iPhone 6s, and iPhone 6s Plus.Russia's Antitrust Regulator Finds Apple Fixed iPhone Prices [zdnet.com]