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Apple, Samsung fined millions for slowing phones

The Italian Competition Authority (AGCM) fined Apple and Samsung 10 million and 5 million euros respectively ($11.41 million and $5.7 million)

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An Italian anti-trust authority on Wednesday fined tech giants Apple and Samsung in an unprecedented ruling on planned obsolescence, stating the companies had both engaged in dishonest commercial practices.

The Italian Competition Authority (AGCM) fined Apple and Samsung 10 million and 5 million euros respectively ($11.41 million and $5.7 million), stating the companies had forced consumers to purchase new phones by prompting users to install software updates that resulted in the phones malfunctioning, leading many consumers to upgrade their handsets, Efe news reported.

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