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by quitit
1073 days ago
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A growing number of these EU-based fines against non-EU companies appear as opportunistic shakedowns. The characterisation here is that Apple are trying to harm their own business by preventing the sale of their products, because such a characterisation allows Spain to levy a fine against wealthy American companies. When it's much more obvious that this is stemming the flow of counterfeit product into the EU. Something which the EU are working hard to stop, and I doubt we'd see a similar fine being levied against LVMH for stemming the flow of imitation handbags. One need only walk down the streets of Madrid to see counterfeit vendors with their wares on corner tied sheets ready to run from the police, which are also actively attempting to stop such businesses. |
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