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Apple’s €1.1 Billion French Antitrust Fine Slashed by 66%

  • Paris court reduces the record penalty to €372 million
  • Apple says it plans to file further appeal to cut fine to zero
An Apple Inc. store in Berlin. 

An Apple Inc. store in Berlin. 

Photographer: Krisztian Bocsi/Bloomberg
Updated on

Apple Inc. won a €728 million-euro ($715 million) reduction to the record €1.1 billion penalty it was hit with in 2020 for anti-competitive agreements with two favored distributors.

The Paris court of appeals reduced Apple’s total fine on Thursday to about €371.6 million after judges decided to trim the duration of one of the infringements and lower the increases applied to the penalty that took into account the firm’s economic power.