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Russia Charges U.S. Tech Giant Apple With Fixing Prices For iPhones

Russian antitrust authorities charged U.S. tech giant Apple on August 8 with fixing the retail prices for iPhones in the country.

The Federal Antimonopoly Service said its investigation "showed that from the start of official sales of iPhone 6s and iPhone 6s Plus in Russia, the majority of resellers set identical prices for them and held them for a certain period."

It said resellers' prices also coincide for other iPhone models. It named 16 retailers, including Russia's Vimpelcom and Apple's official online store, that allegedly take part in price fixing that it said was "coordinated" by the Apple group.

The authority claimed that Apple's so-called "recommended" prices appear to be widely accepted as compulsory in Russia.

The authority's legal action is targeted against a Russian company registered by Apple, LLC Apple Rus, as well as Apple Holding B.V., Apple Sales Ireland, Apple Operations International, and Apple Inc.

In September 2015, Russia's antitrust authority found U.S. Internet giant Google guilty of unfairly keeping rival services off of Android mobile devices. The two sides are in negotiations aimed at reaching a settlement.

Based on reporting by Reuters, AFP, and TASS

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