South Korea’s antitrust watchdog accuses Apple of using its position of a mobile leader to exploit local telecom companies and transfer several costs to them in exchange for selling the iPhone.
In a recent hearing, the country’s FTC said Apple forced carriers to cover the costs for advertising, iPhone launch events, and even repairs.
“Apple’s (superior) position in business dealing with local telecom firms is recognized based on economic analysis. (Apple) collecting advertising funds are merely additional ways of exploiting telecom carriers’ communications service profits,” FTC officials were quoted as saying by The Korea Herald.
Apple representatives, including witnesses who are economists a… (read more)
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