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
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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.


Mike Pompeo on China trade war: ‘We are going to win’

Updated 23 September 2018
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Mike Pompeo on China trade war: ‘We are going to win’

NEW YORK: Secretary of State Mike Pompeo vowed that the United States would emerge victorious in an intensifying trade war with China, a day before Washington imposes $200 billion worth of tariffs.
“We are going to win it,” Pompeo said in an interview on Fox News broadcast Sunday.
“We’re going to get an outcome which forces China to behave in a way that if you want to be a power — a global power — transparency, rule of law, you don’t steal intellectual property,” he said.
Pompeo said that President Donald Trump “very much likes” his Chinese counterpart Xi Jinping but said he would press policies that “the American workers deserve.”
Even before Trump’s election, the United States has complained vigorously that China has been unfair to US businesses and has stolen technology by forcing firms to reveal secrets as a condition to operate in the fast-growing Asian economy.
But Trump has taken an increasingly hard line on trade around the world, with $200 billion in tariffs on Chinese exports set to take effect on Monday.
China has retaliated by hitting $60 billion in US products and the world’s two largest economies have already imposed tariffs of $50 billion on each other.
In a first, the Trump administration has also punished a unit of China’s defense ministry for buying fighter jets and missiles from Russia in defiance of sanctions on Moscow.