Apple found guilty of price-fixing some iPhones in Russia

After a seven-month-long investigation, Russia’s Federal Antimonopoly Service (FAS) this week found Apple guilty of price-fixing in the country. The issue involves Apple’s iPhone 5s and iPhone 5c, as well as all of the company’s iPhone 6 models.

The case stems from when Apple first put those specific iPhones on sale in Russia. The FAS said that after Apple set its price for the iPhones, if it found certain retailers selling iPhones at lower prices the company would then pressure those retailers to change their prices. Apple is said to have threatened the 16 retailers with cancelling sales agreements if they didn’t get their iPhone prices in line with the company.

The FAS said Apple cooperated with the investigation. Apple told the Financial Times, “We worked closely with FAS during their investigation and are glad to put this matter behind us.  We work hard to make the best products and services in the world for our customers and are deeply committed to making sure our resellers are able to compete fairly in the markets where we do business.”

Apple has three months to file a challenge to the FAS ruling. The company potentially faces a fine of 15 percent of its sales in Russia.

Photo: Apple Chief Executive Tim Cook introduces the iPhone 6S and iPhone 6 Plus S during a media event at the Bill Graham Civic Auditorium Sept. 9, 2015, in San Francisco.  (Karl Mondon/Bay Area News Group)

 

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