Exclusive-Apple wins 2/3 cut in French antitrust fine to 372 million euros - sources

FILE PHOTO: A person uses smartphone near an Apple Store in Manhattan, New York City, U.S., February 11, 2022. REUTERS/Andrew Kelly/File Photo

PARIS (Reuters) -A French court on Thursday substantially lowered a fine against iPhone maker Apple Inc for alleged anti-competitive behaviour to 372 million euros ($366.31 million) from 1.1 billion euros previously, two sources with knowledge of the matter told Reuters.

The original fine had been imposed by France's antitrust watchdog in 2020 for what it described as Apple's anti-competitive behaviour towards its distribution and retail network.