Apple secures ruling to slash €1.1bn fine            

Penalty for anti-competition agreements with French distributors has been reduced to €371m by court of appeal

Apple said it planned to file another appeal at France’s top court to bring the penalty down to zero. 'We believe it should be overturned in full,' it said in a statement.

Apple has secured a €728m reduction to the record €1.1bn penalty it was hit with in 2020 for anti-competition agreements with two favoured distributors in France.

A French court of appeals reduced Apple’s total fine to about €371m after judges decided to trim the duration of one of the infringements and lower the increases applied to the penalty that took into account the firm’s economic power.