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Apple illegally fixed prices of iPhones in Russia, investigation finds

Apple illegally fixed prices of iPhones in Russia, investigation finds

March 15, 2017

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A seven-month investigation by Russia’s Federal Antimonopoly Service has found that Apple’s Russian arm illegally fixed prices for certain iPhone models, according to a report from the Financial Times. The FAS found that Apple told 16 retailers to “hold the prices” of these iPhones and that Apple would contact the retailers in the event that the company found their prices “inappropriate.” Apple may have terminated agreements with retailers unwilling to meet those pricing guidelines.

The full report is posted in Russian here; affected phones include the iPhone 5S and 5C, the 6 and 6 Plus, and the 6S and 6S Plus. The prices were fixed for a period of roughly three months.

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