Apple to Pay $467,000 for Alleged Violations of U.S. Sanctions

WSJ – Apple agreed to pay about $467,000 to settle allegations that it violated U.S. sanctions by dealing with a previously blacklisted Slovenian software company, the Treasury Department said..

The Cupertino, Calif.-based technology giant allegedly violated U.S. sanctions by hosting, selling and facilitating the transfer of software applications from a Slovenian software company that was previously blacklisted by the U.S., according to the Office of Foreign Assets Control.. → Full Article

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