The competition authority of France recently slapped a record 1.1 billion euro (equivalent to $1.2 billion) fine on US tech major Apple. The fine was imposed for the firm’s anti-competitive behaviour towards its independent retail distributors. The country’s authority announced that it found Apple prevented independent retailers in France from competing on price and allegedly used ..
Economy of France: GK, General Studies and Current Affairs
Areva, the France’s State-controlled nuclear giant reported to have lost around €2.4 billion ($3.2 billion) in 2011. This was much on the back of a troubled uranium mining venture that has been the subject of investigation. The gloomy figures exhibit a tough year for Areva which is also confronting a global reconsideration of the future ..