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TECD - Apple Gets Slapped With $1.2 Billion Fine From French Regulators
Tech Data Corporation
Apple(NASDAQ: AAPL) was hit with a $1.23 billion antitrust fine by France on Monday.
The fine, the largest doled out by France's competition authority, came in response to what French regulators said was collusion between Apple and two wholesalers Tech Data (NASDAQ: TECD) and Ingram Micro.