Apple Antitrust Investigation May Be Settled With Three Way Deal
An Apple antitrust investigation in South Korea may be settled with a face-saving deal which would allow the iPhone maker to change its practices and offer compensation without admitting to any wrong-doing. Apple has agreed to end unfair practices, and is offering a total of 100 billion won ($84M) in compensation, to be split between consumers, developers and manufacturers … Background Apple was accused back in 2016 of using its dominant position to force local carriers to agree to unfair terms, in exchange for being allowed to sell iPhones....