Apple Gets €10 Million Fine for 'Planned Obsolescence', Samsung €5 Million

Italy's Autorità Garante della Concorrenza e del Mercato (AGCM ) has fined Apple, the Italian anti-trust authority, fined Apple and Samsung €5 million ($5.7 million) each for slowing down their users' smartphones using software updates, as reported by Reuters.

Apple was also fined an extra €5 million ($5.7 million) for not informing their customers about their phone batteries' "average duration and deterioration factors", as well as about maintenance and replacement procedures.

"The two companies have induced consumers – by insistently proposing to proceed with the download and also because of the significant information asymmetry of consumers vis-a-vis the producers – to install software updates that are not adequately supported by their devices, without adequately informing them, ... (read more)

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