A PYMNTS Company

Russia: Apple denies iPhone price fixing allegations

By  |  August 9, 2016

Apple has categorically denied that it has manipulated the Russian smartphone market, and has declared that resellers in the country instead set their own pricing.

“Resellers set their own prices for the Apple products they sell in Russia and around the world,” Apple said in a statement to Reuters.

The Russian anti-monopoly service FAS said that it had opened its case against Apple and the 16 resellers in the country after a citizen complained that identical prices had been set across the country for iPhone 6s and iPhone 6s Plus models.

Apple’s relationship with the Russian government has been stormy since the online Apple store opened in 2013. In February, Russia’s internet advisor to President of the Russian Federation Vladimir Putin announced plans to raise taxes on American companies, singling out Apple and Google as specific targets.

Full Content: Reuters

Want more news? Subscribe to CPI’s free daily newsletterr for more headlines and updates on antitrust developments around the world.