Apple accused by Egypt of violating competition laws

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CAIRO: Egypt, where iPhone prices are up to 50% higher than elsewhere in the Middle East, has given Apple Inc 60 days to end what it claims are unfair restrictions on local distributors or face legal action.

The move against Apple and its regional distributor comes just days after the Egyptian Competition Authority accused the Cupertino, California-based iPhone maker of violating local law by preventing its regional distributors from selling to Egyptian distributors – a move that eliminated what it called “intra-brand competition.”