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Apple Hit With Record $1.2 Billion Fine Over French Sales Deals

  • Two of Apple’s wholesalers also fined total of $155 million
  • French case focuses on supply of Apple products except iPhones

Photographer: Stephan De Sakutin/AFP via Getty Images

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Apple Inc. was fined a record 1.1 billion euros ($1.2 billion) by French antitrust regulators after the U.S. tech giant was criticized for anti-competitive agreements with two favored distributors.