Russian Agency Finds Apple Guilty of Fixing Price of iPhones

Russia's antimonopoly agency found Apple guilty of forcing retailers in the country to coordinate over prices of iPhones, according to a statement by the group. The country's Federal Antimonopoly Service (FAS) said Apple's local subsidiary told 16 retailers in Russia to fix the prices of iPhone 5 and 6 models, according to a report by the Financial Times.

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