French antitrust watchdog hits Apple with record $1.2 billion fine

France’s antitrust watchdog fined Apple about $1.2 billion on Monday for alleged anti-competitive practices. The French Competition Authority issued the fine of 1.1 billion euros — the largest it has ever imposed on a single firm — after finding the tech giant “guilty of cartels” and of abusing its resellers’ economic dependence. French officials also… Continue reading at New York Post