Apple appears to have secured a major discount on its 1.1 billion euro antitrust fine in France. The company has successfully had the fine reduced to 372 million euros by a French court, according to a new report.
Reuters is the first to report on the substantially reduced penalty. Citing “two sources with knowledge of the matter,” the report said three factors are responsible for the significantly lower fine.
The fixed-pricing charge has reportedly been thrown out and the time scope of another charge has been reduced. Finally, the court “decided to significantly lower the rate applied to calculate the overall fine,” Reuters reported.
