By Elsa Keslassy
16.03.2020 - 15:45 / billboard.com
French regulators fined Apple 1.1 billion euros ($1.2 billion) on Monday for striking deals to keep prices high, in the biggest-ever such sanction by France's Competition Authority.
The agency said Apple and top re-sellers agreed to align prices with Apple's own pricing for its iPads and some other products. The deals did not concern iPhones.
Apple did not immediately respond to request for comment.
Two "premium" French Apple re-sellers, Tech Data and Ingram Micro, were also fined a total of 139
By Elsa Keslassy
Korean-made war film “Battle of Jangsari,” which features Megan Fox in a key role as a front line reporter, is set to play in multiple European and Asian territories.
Arte France, a bastion of quality European TV, is looking to make its French series ever less French , as it consolidates its position as one of Europe’s most internationally-minded TV operators.
French entertainment and telecom conglomerate Vivendi said Tuesday that it has closed its sale of a 10 percent stake in Universal Music Group to a consortium led by Chinese online giant Tencent. It confirmed the deal was based on an enterprise value of €30 billion, or $33 billion at current exchange rates, compared with $33.6 billion when the transaction was announced at the end of 2019.
French entertainment and telecom conglomerate Vivendi said Tuesday that it has closed its sale of a 10 percent stake in Universal Music Group to a consortium led by Chinese online giant Tencent.It confirmed the deal was based on an enterprise value of €30 billion, or $33 billion at current exchange rates, compared with $33.6 billion when the transaction was announced at the end of 2019.
By Anthony D'Alessandro
By Jake Kanter
Kim Kardashian almost injured herself while trying to get into a skin-tight Balmain suit earlier this month.
By Jill Goldsmith
A mother of two who abandoned her cat in a flat without food or water for weeks has been fined £650.
Queer Eye’s Tan France has said his fans will expect him to perform on The Great Celebrity Bake Off because of his reputation as “the ultimate Bake Off fan”.
Apple has been fined a record €1.1 billion ($1.2 billion) by France’s anti-trust board for engaging in anti-competitive practices within its distribution network of electronic products.
By Jake Kanter, Andreas Wiseman
By Dino-Ray Ramos
Just like his beautiful Mexican wife, Salma Hayek, is within the world of film, Francois-Henri Pinault is a force to reckon with in the world of business. The French native is a very well respected entrepreneur and the chairman and CEO of the French luxury goods company Kering.