Apple may have breached antitrust rules with iPhone — Japan watchdog

Men wearing cardboard hats, depicting Apple's new iPhone, wait for the release of the phone near Apple Store Ginza in Tokyo. (Reuters)
Updated 11 July 2018
0

Apple may have breached antitrust rules with iPhone — Japan watchdog

TOKYO: Japanese regulators on Wednesday said Apple Inc. may have breached antitrust rules by forcing mobile service providers to sell its iPhones cheaply and charge higher monthly fees, denying consumers a fair choice.
The Fair Trade Commission (FTC) said that Apple had forced NTT Docomo Inc., KDDI Corp. and SoftBank Group Corp. to offer subsidies and sell iPhones at a discount.
The FTC, which began looking into Apple’s sales practices in 2016, did not punish Apple as the US company had agreed to revise its contracts with the carriers, it said.


Apple’s Cook to China: keep opening for sake of global economy

Updated 23 March 2019
0

Apple’s Cook to China: keep opening for sake of global economy

  • Cook’s comments come as Apple weathers sinking sales in China
  • Despite official pledges and repeated assurances that China would continue to open its markets

BEIJING: Apple chief executive Tim Cook nudged China on Saturday to open up and said the future would depend on global collaboration, as the United States and China remained locked in a bitter trade dispute.
“We encourage China to continue to open up, we see that as essential, not only for China to reach its full potential, but for the global economy to thrive,” Cook said at a China Development Forum in Beijing.
Despite official pledges and repeated assurances that China would continue to open its markets, some analysts worry that its reform project has slowed or even stalled under President Xi Jinping, who has sought greater control over the economy and a bigger role for state-owned firms at the expense of the private sector.
Cook’s comments come as Apple weathers sinking sales in China because of a contracting smartphone market, increasing pressure from Chinese rivals, and slowing upgrade cycles. The company reported a revenue drop of 26 percent in the greater China region during the quarter ending in December.
Before those results came out, in a January letter to investors, Cook blamed the company’s poor China performance on trade tension between the United States and China, suggesting that pressure on the economy was hurting sales in China.