May 25, 2020

Tech Data to Appeal French Competition Authority's Antitrust Decision

| 3/24/2020

Tech Data (Nasdaq: TECD) today announced it disagrees with and will be appealing the findings and legal reasoning of the French Competition Authority (FCA) in its decision against Tech Data. The case concerns the FCA’s antitrust investigation regarding the distribution of Apple products (excluding the iPhone) in France between 2005 and 2013.

In addition, Tech Data wishes to clarify that the FCA’s decision concerns alleged anticompetitive vertical agreements between Apple and its wholesalers regarding volume allocations of Apple products – and not cartel practices, as the FCA’s original English press release of March 16 suggested. The English version of the press release has since then been corrected accordingly. In the decision, the FCA also imposed fines on Apple for two additional allegedly anticompetitive practices. However, Tech Data has not been accused of participation in any of these practices.

Tech Data continues to abide by strong ethical and legal compliance standards, as per the Company’s Global Code of Conduct. In the area of competition law, Tech Data is committed to competing independently in the marketplace in full compliance with all applicable antitrust and competition laws wherever the company operates. In support of this, Tech Data has a thorough Compliance and Ethics training program that includes formal e-learning and instructor-led training offered in multiple languages, so all employees know, understand, and can easily follow our policies. These programs are reviewed and updated on a regular basis with a focus on ensuring compliance, protecting employees and maintaining service to Tech Data’s channel partners.

About Tech Data 
Tech Data connects the world with the power of technology. Our end-to-end portfolio of products, services and solutions, highly specialized skills, and expertise in next-generation technologies enable channel partners to bring to market the products and solutions the world needs to connect, grow and advance. Tech Data is ranked No. 88 on the Fortune 500® and has been named one of Fortune’s World’s Most Admired Companies for 11 straight years. To find out more, visit or follow us on TwitterLinkedInFacebook and Instagram.

Tags: Press Release

Digital Access

Add digital to your current subscription, purchase a single digital issue, or start a new subscription to Florida Trend.

An overview of the features and articles in this month's issue of Florida Trend.


Florida Business News

Florida Trend Video Pick

Fort Lauderdale gyms reopened briefly before ordered to close
Fort Lauderdale gyms reopened briefly before ordered to close

Fort Lauderdale gyms The Fitness District and CrossFit Increase open following strict guidelines on Wednesday, May 20, 2020. Mayor Dean Trantalis would order them to remain closed later that evening.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Would you support voting by mail as an alternative to voting in person on Election Day if the coronavirus pandemic continues?

  • Yes absolutely!
  • No way!
  • Undecided

See Results

Florida Trend Media Company
490 1st Ave S
St Petersburg, FL 33701

© Copyright 2020 Trend Magazines Inc. All rights reserved.