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Apple Fined $25K A Day For Withheld Evidence In Qualcomm’s FTC Case - Phones - Nairaland

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Apple Fined $25K A Day For Withheld Evidence In Qualcomm’s FTC Case by globalstuffs: 6:19pm On Dec 27, 2017
A federal judge has ordered Apple to pay $25,000 a day for failing to turn over documents in a Federal Trade Commission lawsuit against Qualcomm, Bloomberg reports. The FTC has accused Qualcomm of freezing out competitors and forcing Apple to use its chips exclusively, and U.S. Magistrate Judge Nathanael Cousins imposed the daily fine on Apple for not surrendering its documents quickly enough.

Read More here: http://globalstuffs.com/apple-company-global-average-profit/

Apple claims it has already produced more than 2.6 million documents for the case, but the company has until December 29ofo turn over the rest or it will begin facing even larger daily fines, according to a court filing. “We have already produced millions of documents for this case and are working hard to deliver the millions more which have been requested in an unprecedented time frame,” Apple spokesman Josh Rosenstock said. “We plan to appeal this ruling.”

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