Italy Threatens Apple with Closure Over Warrenty Issue

Italy´s antitrust watchdog has opened new proceedings against Apple for failing to respect the country´s consumer law that gives a free two-year warranty for electric products.

The electronic giant could face fines of up to 300,00 euros (($378,200) and possible temporary closure of its Italian stores.

"We have introduced a number of measures to address the Italian competition authority concerns and we disagree with their latest complaint," Apple commented on the order.